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How do passive debt funds work? Does investing in a passive fund with predefined maturity really offer you certainty of yield without interest rate risk? As more and more passive debt funds hit the market, iFAST Research delves into the hows and whys of this emerging fund category in a 3-part series. In part 1, we speak with Amit Tripathi, CIO - Fixed Income, and Hemen Bhatia, Deputy Head - ETF Business from Nippon Life India AMC.
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