The risk environment is improving and no major downgrades and defaults is expected, especially in mutual fund portfolios, says Amandeep Chopra, group president and head of fixed income, UTI Asset Management. In an interview with Ashley Coutinho, he says low-duration products remain the sweet spot for investors.
Edited excerpts: Are debt funds out of the woods yet? Do you expect more downgrades and defaults? The risk environment is improving. A quarter ago we were looking at the impact of the pandemic on economic growth through declines in consumption and manufacturing. This is what ...
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