For some time, there is a positivity going around in the context of bond / debt fund investments. The views driving it are (a) RBI rate hikes are over, rate cuts are likely next year (b) inflation has peaked out (c) fiscal deficit, though on the higher side, is gradually coming down (d) global rate hikes are in the last leg and (e) India is being included in JP Morgan bond index, which will lead to inflows from abroad. All these are correct, and will play out.
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