Following the changes in debt fund regulations, direct bonds and credit alternatives will become popular with retail investors, along with credit alternative investment funds (AIFs) and absolute returns AIFs for wealthier individuals. Recent Budget changes mean that debt mutual funds have become taxable, so investors may turn to these alternative instruments. Commenting on RBI policy, the MD & CEO of Nuvama Group, expects flows into debt to increase slightly, with further rate hikes unlikely.
Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?
An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. President Donald Trump also threatened economic