Post yesterday's release of macroeconomic date on IIP (abysmally low of 2%), there is once again lot of buzz regarding interest rate cuts. we are grabbled with 2 major issues ie current account deficit (CAD) & inflation. While WPI has softened to sub 5%, CPI at around 9% level is still a major concern for the policy makers.
For investors wanting to play the duration game, this may not be an opportune time to invest in long duration funds. Short term funds would provide relatively a better risk adjusted returns.