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Investors in India See Another Year of High Rates on Price Shock bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Share Market Highlights: Sensex, Nifty close flat as caution over elevated valuations offsets IT uptick thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
As interest rates in India have peaked and look unlikely to fall soon, debt mutual fund schemes are attracting investors. Retail holdings of such funds have boomed with a compound annual growth rate of around 35% over the past three years. In contrast, equity schemes have seen inflows of only INR7.2bn ($105,303) over the past two months, while debt fund schemes brought in INR1.5tn over the same period. Liquid funds have attracted INR1.08tn over the past 60 days, with more coming in due to their suitability for short-term requirements. ....
The RBI's monetary policy committee is slated to start meeting from August 3 onwards and chances are that a hike in repo rates may be in the offing. In such a scenario, find out how expensive will your home loan rates can become. ....