Are floating-rate investment options a better bet?
Satya Sontanam
BL Research Bureau |
Updated on
April 17, 2021
Returns move up or down in sync with the market
A phone call between two friends leads to a conversation about the interest rates offered by various debt options and whether they stay fixed or vary during the tenure of the instrument.
Karthik: Hey, have you noticed that in the last couple of months the markets have rallied like there is no tomorrow?
Akhila: Oh, yeah. And after much thinking, I finally booked profits on some of my equity holdings last week.
Karthik: Where are you planning to park these funds now?