JM Financial MF plans shift to interest income strategy for bonds, exec says

India's JM Financial Mutual Fund plans to shift its investment strategy towards ​earning interest

income from bonds while reducing "duration risk" as it expects

the central ‌bank to begin raising interest rates as early ​as

October, an executive said.The bond markets rallied on ⁠Friday, after the Reserve Bank

of India kept its key policy rate and stance unchanged, and