Please advise preferred category of debt funds (example: bond funds, arbitrage funds, dynamic bond funds, etc) to invest. In the context of Fed rate hike and related impacts on the bond and equity market.
Instead of focusing on big events, you should focus on your investment horizon and select a fund with a matching profile. For example, if you are parking the money for a few days or week, opt for a liquid scheme. If you are parking money for a few months to up to a year, opt for ultra short term scheme. Investing in a dynamic bond fund if you are investing for three to five years.