"As December is generally a sluggish month, market yields may not move much either side. We expect 10Y G-Sec yield to trade in a range of 7.15%-7.25% with a downward bias," says Avnish Jain, Head- Fixed Income, Canara Robeco Mutual Fund.
The inclusion of Indian government bonds in JPMorgan s emerging market bond index is expected to have a significant impact on the bond market and debt mutual funds. The inclusion will attract global passive debt flows into India, potentially leading to better demand-supply balance and lower yields for Indian government bonds. This, coupled with expectations of large foreign institutional investor inflows, could result in increased attractiveness of debt funds. However, the future rate hike trajectory is uncertain, as it depends on economic conditions and data-driven decisions by the US Federal Reserve.
Canara Robeco Mutual Fund - StockManiacs stockmaniacs.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmaniacs.net Daily Mail and Mail on Sunday newspapers.
Ample room for growth in small-mid-caps: Nimesh Chandan,Canara Robeco MF business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.