Feb
14
Bear Market in Indian Equities Seen Driving Money to Bond Funds
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Central bank to cut interest rates again by June, survey shows
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Ten-year yield could drop 50-75 basis points by Dec. 31: Axis
Indian fixed-income mutual funds are benefiting from an equity selloff that’s driven the benchmark stock gauge into a bear market.
Kotak Mahindra Asset Management Co. and Axis Asset Management Co. predict increased inflows for debt plans, which in January took in the highest amount in three months as demand for equity products moderated. Rupee sovereign bonds returned 8.1 percent last year, while the S&P BSE Sensex index slumped 5 percent…
Bear Market in Indian Equities Seen Driving Money to Bond Funds
