The fund has juggled duration adroitly to make the most of rate movements

Over the past year, the yield on 10-year government bonds has fallen by about 70 basis points, bringing cheer to bond investors.Well-performing long duration gilt funds that are more sensitive to interest rates have delivered healthy, double-digit returns over the past year.However, in the coming months, uncertainty over the RBI’s rate action could limit further upside in bonds with higher duratio...