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  • News From Press How mutual fund managers decode RBI rate pause for investors?

    How mutual fund managers decode RBI rate pause for investors?

    Source: ET Jun 8, 2024

    Mutual fund investors, who were looking to buy the dip as the stock market crashed on Tuesday amid election results, were disappointed as a "technical glitch" delayed execution and they were allotted NAVs the next day. Here is how mutual fund managers decoded RBI monetary policy for investors.

    Deepak Agrawal, CIO – Debt, Kotak Mutual Fund- RBI needs more confidence to ensure that elephants will stay in the forest for a long period and hence In line with expectation, RBI decided to keep rates and stance unchanged for the 8th consecutive time, however, with a 4:2 vote. GDP forecast has been revised upward to 7.2%. 

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