IDFC mutual fund overweight higher duration as a tactical measure – Mint
IDFC Mutual Fund buys 9-14 year government bonds in its actively managed duration funds. The fund house says this is their tactical decision, as the slope of the 9-14 year-old segment versus the 6-8 year-old segment remains intact. “This change from our preferred ‘stickier’ position of 6-8 year bonds is the basis for some tactical […]