The GILT market has seen some excitement in trade today, with more and more people looking towards the RBI policy due on Sept 16. GILTs are mutual funds that invest in several different types of medium and long-term government securities in addition to top quality corporate debt.
According to Suyash Choudhary, head of fixed income at IDFC Mutual Fund, the interest rate expectation from the RBI will slowly start to unwind hereon.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
