Devina Mehra: There’s been a spurt of global and private credit funds—should you invest too?
Of course they do. But they also understand that this is when you, the retail investor, have come to understand that theme. Maybe you even have some FOMO (fear of missing out) because your friends supposedly made money on, say, public sector unit stocks or defence or some other theme. Or conversely, you have not made money on your portfolio and are looking to reverse your fortunes, which is where the current push for global funds and private credit is coming from.
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