RBI Governor Sanjay Malhotra on Wednesday announced the central bank’s first rate hike in nearly four years, raising the benchmark repo rate by 25 basis points to 5.5%. Market experts believe mutual fund investors should continue their SIPs and stagger lumpsum investments over the next few months.
Nirav Karkera, Head of Research and Fund Manager at W by Groww, said investors should continue their SIPs and stagger lumpsum investments through STPs over a few months. Investors who increased their exposure to small-cap or thematic funds during the rally should consider trimming it, while borrowers with repo-linked loans should expect EMIs or loan tenures to rise.
