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Based on the current outlook, it appears that inflation may moderate over the coming quarters and the RBI may be approaching the end of its current rate hike cycle, with perhaps one or two more rate hikes. Debt mutual fund investors should select a fund category that matches their investment horizon, irrespective of the macro environment. These were some of the views shared by Joydeep Sen, corporate trainer on debt markets and author, in a conversation with Business Standard’s Sanjay Kumar Singh.