Author Archive
INTERESTING PLAY IN 1-3 YEAR BUCKET
A very interesting story is likely to unfold in 1-3 year segment on the yield curve. Most of the market participants are in consensus about a downward bias on the yields of various maturities based on various factors which I have enumerated in my last note on AXIS Constant Maturity Scheme. I have given reasons [...]
AXIS CONSTANT MATURITY FUND
I had given a trading call in G Secs in a systematic manner from July 2011 (when 10 year benchmark was 8.50%)to November 2011 (when 10 year benchmark peaked at 9% levels). Thereafter I gave a disinvestment call from 8.45% levels on December 11’2011. I also mentioned in that note that the way one can [...]
HAPPY NEW YEAR
PRAMERICA MUTUAL FUND SCHEMES
I have been recommending some of the debt schemes of Pramerica AMC since their inception. Fund Manager has performed very well even in the most trying periods of debt markets & rising interest rate scenarios. One of the schemes whose strategy is similar to that of Pramerica Treasury Advantage Fund (TAF) was launched in October [...]
PROFIT BOOKING IN G SECS
I had started recommending investing in G Sec schemes on weekly basis since July 29’2011. I had reiterated this call on various dates viz. August 09’2011 & September 14’2011 & giving reasons for my belief as to why GILT yields will ease off inspite of several rate hikes by RBI during this period. I had [...]