Income Funds
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 [...]
INVESTMENT HORIZON OF ONE YEAR
For a 1 Year horizon we would recommend you to invest in Templeton Short Term Plan & BNP Paribas Bond Fund. Reasons for recommending are as follows. Both the schemes have similar strategies of investing: Templeton India Short Term Income Plan: Corpus as on Oct 29 Rs. 6568.17 crs Yield to Maturity (YTM) 8.82% Average Maturity 1.15 [...]
VARIOUS ASSET CLASSES & SCHEMES
So far market participants were not taking any interest rate or duration calls as the interest rate bias was upwards. Since May 2010, RBI has intervened time & again in practically all the Policy Reviews by increasing benchmark rates and narrowing the corridor between REPO & Reverse REPO rates. However, after the last Policy Review [...]
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% [...]
Match Investment Horizon with respective Asset Class : Income Scheme : 1 Year Rolling Returns Analysis
Kindly refer to my note dated April 15’2008 wherein we had given hold & add strategy in Income schemes when inflation had started galloping & thanks to that interest rates were inching up on regular basis. Those who had invested in Income schemes in the months of January & February 2008 had started posting negative [...]