News From Press Budget impact on debt funds: Fixed income managers may look to add duration to their funds

Budget impact on debt funds: Fixed income managers may look to add duration to their funds

Source: Moneycontrol Feb 2, 2024

Finance Minister Nirmala Sitharaman announcing the government's aim to contain fiscal deficit for the financial year 2024 and pegging the figure for FY25 at 5.1 percent in the Interim Budget are big positives for debt markets and are expected to decline bond yields, say experts.

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