News From Press Long term bond funds gain currency after RBI policy

Long term bond funds gain currency after RBI policy

Source: Economic Times Jun 9, 2017

A day after the Reserve Bank of India maintained its neutral monetary stance and kept the repo rate unchanged, hopes of rate cuts are floating the money market. Even several debt fund managers are hoping for rate cuts. If these cuts materialise, long-term bond funds, which lost their charm since the RBI changed its stance in February, should regain the lost spark once again. Should you bet on them?

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