A move which nearly killed the additional tier-I bond market over three years ago has come back into the limelight. Securities Exchange Board of India’s move to ease valuation norms of Tier-I bonds by mutual funds has left market participants confused about whether the appetite for the bonds will come back. Last week, the capital markets regulator said that the valuation of tier-I bonds by mutual...
Active mid, small-cap funds look smart in this market correction
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