Prashant Jain is Executive Director and Chief Investment Officer at HDFC Mutual Fund.
He believes that with an improving economic outlook, the likelihood of lower rates and a reduction in credit spreads, long maturity gilt funds and corporate debt funds, which benefit from both lower rates and higher yields, are well placed in the fixed income space.
Less than three months ago, he penned an interesting piece on the equity market and investor behaviour. To read his views on why investors lose money and his take on the market today, click here.