Bias for interest rates is on the upside, says UTI MF's Amandeep Chopra

As the markets adjust to the process of policy normalization, investors can focus on products which are running strategies to capture these trends with a low level of volatility, said Amandeep Chopra

The inflation trajectory for India into FY23 is likely to see some decline from the highs we see in Q4FY22, says Amandeep Chopra, group president & head – Fixed Income, UTI MF. In an interview with Ashley Coutinho, he says the guidance from RBI in managing the large supply of bonds as it embarks on policy normalization will be critical. Edited excerpts:

The RBI’s Monetary Policy Committee kept key interest rates unchanged on February 10 and retained the accommodative stance. Your thoughts on the same.

The policy was extremely dovish by maintaining a status quo on rates, policy stance and