Binay Chandgothia, Head, Fixed Income, Principal Mutual Fund
What's your outlook on interest rates after the recent repo rate cut?
The outlook on interest rates is positive given the huge liquidity floating in the system and the RBI's reiteration of its soft rate policy after the rate cut.
We expect the 10-year benchmark to trade in the 5.20-5.30 per cent range over the next few weeks. Declining inflation and expectations of a bank rate cut some time in October will keep the markets interested.
Have there been any changes in your portfolio post-rate cut?