For investors looking at medium term solution, active short term funds and target maturity funds make sense: Devang Shah
“The medium end of the curve, which in bond markets is more the three to five year or three to seven years segment, is the most attractive at this point of time. The duration volatility is significantly lesser and hence for investors who are looking at medium term solutions, which is greater than a three-year investment horizon, active short term funds and target maturity funds makes a lot of sense at this point of time.