Business Standard

"Our outlook on interest rates remains positive"

Image

Vikram Srivastava Mumbai
 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?

 There haven

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 01 2003 | 12:00 AM IST

Explore News