Indian mutual funds up govt bond buying, bet on medium-term gains zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
"Benchmark yield is seen in the 7.32%-7.42% band, and mutual funds have added, but still some amount of tactical positioning is possible. This is also a good time to add positions gradually," said Dhawal Dalal, chief investment officer - fixed income at Edelweiss Asset Management.
Credit risk funds are fancied by yield-hungry investors for the promise of a bigger pay-off. Experts maintain that for all their hype, credit risk funds have punched below their weight. Investors have not been adequately rewarded for the risk taken.
Edelweiss Multi Asset Allocation Fund will invest your money across various asset classes, like equity, debt, real-estate investment trusts, infrastructure trusts, and so on. The NFO opens June 5.