RBI in its last monetary policy review has kept repo rate unchanged at 6.5% and expects inflation to hover around 5.4% in FY 24.
The Indian mutual fund managers and their respective funds are positioned divergently in terms of average maturity and modified duration.
While Mirae Asset and ICICI are positioned on the shorter end of yield curve – aggressive in their stance in Bandhan, DSP and UTI.
# Disclaimer- Please note that S3 Insights has been created with the primary goal of providing its readers with up-to-date information on the Financial Markets. Its purpose is to share knowledge about Financial products, insights from Market experts, recent developments in the financial industry, and business-related information about companies. It is important to emphasize that the S3 Insights should not be interpreted as providing any form of advice. It does not intend to recommend or endorse the buying, selling, or trading of any financial product. S3 Insights is purely educational in nature.