What should be the investor strategy on fixed income? Rajeev Radhakrishnan explains

"Fixed income yields in India are still attractive, with real returns available despite inflation concerns. He believes that wWhile the Reserve Bank of India has already tightened policy, there is a risk that interest rates may need to be adjusted higher in the future. However, a significant increase in bond yields are not expected and a shorter duration strategy for investors is better. Fixed deposit rates are unlikely to increase significantly in the near term."