MFs turn bullish on government bonds
Mint Mumbai|October 19, 2023
Indian mutual funds (MFS) have stepped up government bond purchases after a recent spike in yields, and are likely to continue buying in the near future as they eye gains over the medium term, five fund managers said.
MFs turn bullish on government bonds

Several MFs were light on debt ahead of the monetary policy review on 6 October, but with yields surging postpolicy, many decided to add positions, Sandeep Yadav, head of fixed income at DSP Mutual Fund, said.

"These positions are mostly for medium term, and from that perspective, Indian bonds at current levels seem to be a good buy."

هذه القصة مأخوذة من طبعة October 19, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 19, 2023 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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