The Indian equity market has had an exceptionally volatile few months, with a variety of negative cues triggering fresh losses. From the global economic slowdown, to rising inflation and the consequent high interest rates, and the ongoing banking sector crisis in the US, both the global and domestic equity markets have enough and more to be concerned about. Investors are eagerly looking for an oasis of calm and stability, in the ongoing maelstrom of volatility, and the debt market is fast becoming an extremely appealing option in terms of both stable and higher returns. The current high interest rate regime has prompted a rise in the returns offered by bonds and many investors are keen on capitalise on this opportunity.