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Article: It's equities for wealth, debt for stable income.
- Article from:
- Economic Times (New Delhi, India)
- Article date:
- May 20, 2005
CopyrightCOPYRIGHT 2005 The Economic Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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May 20--Of late, small retail investors seem to have shifted focus from debt funds to equity-oriented schemes. Haresh Soneji spoke to Rajiv Anand, head, investments, Standard Chartered Mutual Fund, to get his views and guidance on issues concerning the small retail investor.
The new credit policy was announced a couple of weeks back. How does it impact debt funds?
The credit policy increased reverse repo rates by 25 basis points (0.25 percent) to 5 percent, while maintaining the repo rate unchanged at 6 percent. This measure was undertaken to maintain the balance between growth momentum and inflation. In other words, the Reserve Bank of India (RBI) has ...