Bond markets reacted negatively to the Budget announcement earlier this month, which has pulled down the returns of long term debt mutual funds. The returns have in fact, fallen from double-digit to single-digit for most of the debt fund categories. Is the party over for debt fund investors? What should the existing debt mutual fund investors do? Where should the new investors invest? Pankaj Pathak, Fund Manager-Fixed Income, Quantum Mutual Fund in conversation with Business Today's Avneet Kaur explains.