
Three fixed-income stalwarts - HDFC AMC's Anil Bamboli, Axis's Devang Shah and IDFC's Suyash Choudhary - recently helped us decode what's in store for investors based on their interest rate and credit outlook. The large consensus was that debt funds have already factored in expected future hikes, meaning there would be a limited uptick in yields, going forward. As a result, they were pinning their hopes on four- to five-year government bonds. When asked if they would dip their toes in lower-rated bonds in pursuit of higher returns, they remained cautious. They felt that while the credit landscape has improved, the incremental return for the additional risk is
This article was originally published on September 16, 2022.
Continue reading your article with a Fund Advisor subscription.
Subscribe NowAlready a subscriber ?Log In
Advertisement