R Balachandran, an expert in credit risk and debt mutual fund investments, says investors ought to be aware of the risk arising out of exposure to Additional Tier 1 bonds, while investing in banking and PSU debt funds.
Edited excerpts:
The April RBI monetary policy review kept the benchmark repo rate unchanged while increasing the reverse repo rate by 0.25%, sounding a hawkish tone in general on inflation risks. Predictably , 10-year Gsec ..