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.
Wednesday, March 18, 2009
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