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deposits issued by the government, companies and institutions which typically pay a fixed amount of interest at a prespecified rate and frequency. et contributors| last updated: mar , , am ist comments getty images when bond yields fall, the nav of debt funds holding the existing bonds rise. ashish,
a young professional, is a conservative investor. he invests only in ppf , fixed deposits and some irfc bonds. he thinks that debt funds are fixed income investments and would, therefore, yield fixed returns. however, a banker friend tells him that debt fund returns are not fixed and also tend to change...
https://economictimes.indiatimes.com/wealth/invest/why-debt-mutual-funds-dont-earn-fixed-pre-determined-returns/articleshow/74622658.cms
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