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  • News From Press Use short duration funds to ride rate hikes

    Use short duration funds to ride rate hikes

    Source: Financial Express Oct 8, 2022

    Debt fund managers advocate investment in short duration funds, with another 50-75 basis points of rate hike expected in the current financial year.

    The RBI hiked the repo rates by 50 basis points last week, in line with market expectations and maintained its CPI inflation projection at 6.7%, while lowering its GDP growth projection for the current financial year.

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