It's not the time to play duration game; existing investors should shift

If the exit load is not high, redeem investments from dynamic bond funds and gilt funds, and invest in shorter-duration schemes

This calender year has been disappointing for debt investors. Some of them have even lost money due to volatility in the bond market. In the current interest-rate scenario, investors should put fresh money only in shorter-duration schemes. Existing investors should also move to a shorter-duration fund or credit opportunities funds to avoid further losses in longer-duration funds.
 
No relief in sight: The benchmark 10-year government security yield is on a secular upside and has increased in nine out of the past ten months. The benchmark yield was at 6.40 per cent in July 2017 and is currently at 7.79