Investors with 6-12 months horizon can look at money market funds

‘Despite the assertion by RBI that this month’s pause was not a Pivot, we believe that we are at the end of the rate hiking cycle in India and it’s a very good time to invest into Fixed Income with real yields positive across the curve. We think it is the right time for investors to increase allocation to Fixed Income as monetary tightening enters its last phase both globally too,” said Pal.

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