December, 2009
RELAUNCH OF AIG SHORT TERM PLAN
For quite some time, we have been dissuading our clients from taking any interest rate calls in their portfolio & goading them to invest in high accrual low duration Short Term Plans. In this segment we had recommended from time to time investments in Templeton India Short Term Plan, Religare Short Term Plan & Birla [...]
INFLATION ON THE RISE-IMPACT ON DEBT MARKETS
I had posted a note on December 12’2009 on some of the positive developments which had occurred over last week through some announcements by RBI of considering to issue Floating Rate Bonds v/s Fixed rate Bonds in their forthcoming auctions & announcement by MoF alongwith Petroleum Ministry on reconsidering the formula for arriving at petroleum [...]
IN CONTINUATION TO MY NOTE DATED DECEMBER 07’2009: SOME NEW DEVELOPMENTS WHICH MAY IMPACT DEBT MARKETS POSITIVELY
In continuation of my note dated December 07’2009 titled: “Once Again an Investment Opportunity at Long End. When? & Why? “ some more recent developments & announcements that may impact the debt market positively: One of the recent announcements by RBI this week was that the Central Bank is considering issuing Floating Rate Bonds v/s [...]
CANARA ROBECO MIP
Another MIP scheme with a very focused approach & commitment from the Fund Managers which merits an investment attention is Canara Robeco Monthly Income Plan. The said scheme is managed in the manner an MIP scheme should be managed & i.e. High Accrual/Low Average maturity on the debt side & Invest & Hold/ Trade on [...]
ONCE AGAIN AN INVESTMENT OPPORTUNITY AT LONG END. WHEN? & WHY?
I had written in my note on November 03’2009 post RBI Credit Policy Review of announced on October 27’2009 that there will be positive bias on interest rates for some time as a) Credit offtake numbers were dismal b) incremental buying of G Secs by Private Sector banks due to hike in SLR of 1% [...]