News From Press Hawkish RBI prompts debt mutual funds to reassess 'duration' of schemes

Hawkish RBI prompts debt mutual funds to reassess 'duration' of schemes

Source: Business Standard Oct 10, 2023

Some fund managers have been bullish on the longer-duration government bonds owing to better demand and end of the rate hike cycle.

Debt fund managers are reassessing their strategies after the setback delivered by the Reserve Bank of India (RBI) on Friday.

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