May, 2010
AN INVESTMENT OPPORTUNITY IN KOTAK CREDIT OPPORTUNITY SCHEME
Kotak Credit opportunity fund is aimed to optimize the returns with an optimal mix of duration buckets without diluting the credit quality to the extreme end of the credit curve. Refer to my note published today on how Short & Long End of the Yield curves are moving in opposite directions; giving excellent opportunities to [...]
LONG END & SHORT END MOVING IN OPPOSITE DIRECTIONS
Short End & Long End of the curve are moving in opposite directions. Reasons are obvious and some of them can be traced to the same economic and commercial activities happening in the markets. Like better than expected ( almost double) collections in 3 G Auction of Rs.68000 crs is one of the reasons for [...]
AXIS SHORT TERM PLAN : AN INVESTMENT OPPORTUNITY
I have been recommending investments in AXIS STP since their NFO on January 20’2010. Since then, I have recommended this scheme from time to time as the Fund Manager has stuck to his mandate & delivered performance over various time horizons: Purchase Date Current Date Period % Return 20-Jan-10 13-May-10 113 5.67 11-Feb-10 13-May-10 91 [...]
WHAT WILL BE THE IMPACT ON VARIOUS ASSET CLASSES POST NEW VALUATION GUIDELINES PRESCRIBED BY SEBI ON MTM OF SECURITIES
LIQUID SCHEMES: SEBI had come out with guidelines for investment criteria for Liquid Schemes viz. no single paper in the Liquid Scheme should have more than 91 days in residual maturity & the said portfolio can then be calculated for NAV purposes on accrual basis. Hence, since these guidelines are already in place, there should [...]
REITERATION OF INVESTMENT CALL ON DWS MONEY PLUS ADVANTAGE
Time and again I have been recommending investment in one of my favourite MIP variants viz. DWS MONEY PLUS ADVANTAGE (DWSMPAF) scheme. MIPs by their very nomenclature are supposed to deliver monthly dividend payouts which are consistent & not erratic. Some of the reasons I had sighted while recommending this scheme was it was giving [...]