Top pension fund to buy more India state bonds on high yields
Résumé détaillé
SBI Pension Fund plans to increase investments in state government bonds, expecting higher yields amid rising supply. The $64 billion fund is pursuing a carry-focused strategy, favouring state and corporate debt for steady income. It also plans to increase large-cap equity exposure while maintaining a cautious approach towards bond duration.
In an interaction with Kshitij Anand of ETMarkets, Devang Shah, Head – Fixed Income at Axis Mutual Fund, said investors should consider building their fixed-income allocation gradually and focus on high-quality instruments, as oil prices, global interest rates and liquidity conditions could continue to fuel volatility in the bond market.
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Début de l'article, extrait de The Economic Times. Pour lire la suite, ouvrez l'article chez le média.
MarketNews présente le titre et le résumé publiés par le média. L'article complet se lit sur le site de l'éditeur. (economictimes.indiatimes.com)
