In a chat with ET Now, Dhirendra Kumar, CEO, Value Research, says keep money for a few days or weeks in a liquid fund. Keep money for a few months in a conservative short-term debt fund which has a track record of not doing anything complicated.
Edited excerpts:
It is said that in 2016 each and every poll was wrong and in 2017 the way fund managers are betting on RBI’s next move, it may just be a repeat. After getting Brexit wrong, Trump victory wrong, now they have got the RBI move wrong as well. How could they get it so wrong?
