June 25th, 2009
PRODUCT FOR ALL SEASONS-RELIGARE SHORT TERM PLAN (Updated 1st July 09)
Post RBI rate cut in April’2009, lot of funds were invested in Short Term Plans. These funds alongwith a lot of other positive factors created euphoria at the shorter end. However, this was short lived as supply pressure at the long end spoiled the sentiments & dragged down even the short end of the curve [...]