ETMarkets Smart Talk | Bonds aren’t boring: Where Devang Shah sees the best fixed-income opportunities
At the same time, the RBI remains watchful of risks from geopolitics, crude oil prices and global monetary policy developments.
In the latest RBI policy meeting, the repo rate was maintained at 5.25% and a neutral stance was adopted, leaving investors wondering about the fixed-income market's future. Devang Shah, Head of Fixed Income at Axis AMC, remains confident in the attractiveness of the bond market, but advises a shift from aggressive duration bets to focusing on quality and carry.
He recommends the 3-5 year segment, particularly high-quality corporate bonds and certain state development loans (SDLs). Shah emphasizes the importance of focusing on current risk-reward, rather than attempting to time interest rate movements.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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