Mutual Funds
HERD MENTALITY
Most of the times advise on an asset class comes when the story is already over or behind us. Invariably an investment call on an asset class comes based only on returns chart. However, what people fail to understand is that when an asset class gives superlative returns, one needs to have a relook at [...]
POST MARCH VARIOUS SCHEMES
Prior to March ending and prior to RBI Credit Policy review of March 17, I had recommended following short term plans on various dates. From the following chart one will have an indication of the compression in yield curve over various time buckets on pre March & post March basis: Rates as on Mar-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 [...]
PRAMERICA ULTRA SHORT TERM BOND FUND- NFO REOPENED
As described in my blog note dated September 21’2010 on the NFO launch of Pramerica Ultra Bond Short Term & why it was the right product at the right time. Their NFO closed on September 23’2010 & has reopened for subscription on September 27’2010. Since then the returns on the said scheme is 6.48% p.a. [...]
PRAMERICA ULTRA SHORT TERM BOND FUND – NFO
A TIMELY NFO OF AN ULTRA SHORT TERM BOND FUND BY PRAMERICA MUTUAL FUND Most of the times, Mutual Fund industry has come up with NFOs of both Equities & Debt when either equity markets are on a run (say SENSEX at 20-21000 levels) or pushed debt market schemes when interest rates have been at [...]