Resilience shown by economies surprised market: Nippon India MF's Tripathi

We can derive comfort from the fact that the real rates, across economies, are now mostly positive: Tripathi

The three- to five-year duration of the yield curve is attractive right now, says Amit Tripathi, chief investment officer (CIO) — fixed income investments, Nippon India Mutual Fund. In an interview with Abhishek Kumar and Anjali Kumari, Tripathi says investors with 12–24-month horizon can look to be overweight on short-term bond funds, corporate bond funds and banking and public sector undertaking (PSU) bond funds. Edited excerpts:

What is the debt market looking like right now?

The market is stuck in a range and is likely to remain so until a meaningful demand slowdown crystallises. We can derive comfort from the