Investors can benefit from high yields on fixed deposits, bonds, and debt mutual funds in FY 2024. Indian G-secs to be included in global bond indices. Capital gains possible on debt funds with potential interest rate cuts.
India will enter the global bond index with a 10% weight cap and other smaller JPM EM indices in a staggered manner over a 10-month period beginning June 28, 2024. According to market experts, this could prompt around $30 billion of passive inflows.