Fixed income investors might need to adjust their strategies. Experts suggest shifting from long-term bonds to accrual strategies. Focus should be on schemes earning through steady interest. Investors who gained from falling yields can consider booking profits. Short to medium tenure funds and corporate bonds are now attractive. Ultra short-term funds are suitable for shorter horizons.
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a