Wednesday, March 18, 2009

Right time to get into income funds

This is the right time to get into income funds.The reason for the same is that
1. Inflation is expected to decline further and touch 0 or may be it will be negative in the next 6 months.
2.Banks may turn as buyers for gilt funds for year end valuation.
3.Globally also interest rates are nearing zero .foe example - Bank of england is 0.5%,Japan - 0%.

So it is advisable that people should start investing in income funds and try to stay invested in the same patiently in order to nurture the gains.

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