Corporate bond funds are back in vogue. Here's why
Synopsis
The composition of corporate bonds in the mutual fund schemes is changing in favour of less riskier papers.
ET Intelligence Group: Debt investors have shown high preference for corporate bond schemes in recent months. The latest data from Association of Mutual Funds of India (AMFI) shows that corporate bond funds received inflows of Rs15,051 crore in October., the highest in the past nineteen months.There are four factors behind this momentum. First, the composition of corporate bonds in the mutual fund schemes is changing in favour of less riskier
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