Debt mutual funds: Axis MF suggests where to invest as RBI may raise rates by 50-75 bps over next 6 months

Interest rates may stay higher for longer as the Fed resumes hikes. Axis MF expects the RBI to tighten rates and favours 1-3 year corporate bonds, while remaining cautious on long SDLs. Here’s what debt mutual fund investors should know as bond yields rise.

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