Last year saw a marked increase in bond investments by individuals. Assets under management for debt-oriented mutual funds that invest in bonds (along with other securities) increased 40% between December 2015 and December 2016. As attention around interest rate cuts heightened, transaction volume for the retail segment for corporate bonds spiked to 110 billion securities on BSE (53% market share for the month) in September last year compared to an average of around 40 billion in the months prior, before dropping again.
