Borrowing against units should generally be used for meeting short-term fund requirements only and not for creating long-term leverage in the portfolio, says Chief Executive Officer at Trust Mutual Funds
Indian shares rallied to
record highs on Thursday, tracking their Asian peers after a
moderation in U.S. inflation boosted sentiment and outweighed
concerns over higher-than-expected domestic.
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The US Federal Reserve held interest rates steady at its meeting on June 14, but its hawkish tone has caused some concern among investors. Some analysts believe the Fed may be overestimating the inflation trajectory and that it may not hike rates as projected.
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