NFOs
TEMPLETON INDIA CORPORATE BOND OPPORTUNITIES FUND – NFO
Franklin Templeton is one Fund House which has given solutions at every bucket of the yield curve. All that the investor needs to do is identify the investment horizon of their cash flow and plug it in with one of the schemes of Franklin Templeton keeping in mind their average maturities and exit load issues. [...]
PROVIDING SOLUTIONS – AXIS MUTUAL FUND
At the time of launch of their first NFO, AXIS MF had promised that besides the normal vanilla products, they will come out with schemes which will provide solutions to the investors and ensure that they participate in the right asset class at the right time. Towards fulfilling that promise, one of the schemes they [...]
PRAMERICA TREASURY ADVANTAGE FUND – NFO
A quasi FMP kind of product -an ideal product in a rising interest rate scenario with one year investment horizon Strategy of high accrual (without unnecessary credit calls) combined with roll down effect to generate capital gains Passive strategy of buy and hold & create average maturity between 1 to 1.5 years One year paper [...]
TIMING IT TO PERFECTION – NFO OF PRAMERICA SHORT TERM INCOME FUND
This NFO is similar to an equity NFO at say 10,000 SENSEX levels. There are very high chances of earning good returns from hereon as the debt markets are at their near peak levels; especially the shorter end of the curve. As mentioned in my yesterday’s note on J P Morgan Short Term Income Scheme, [...]
Axis Short Term Plan : NFO
As mentioned in my earlier notes, too much negative news is already priced into the debt markets. The same is reflecting in 10 year benchmark hovering around 7.63% levels & also in the 3-5 year corporate bond rates. Markets have started discounting rate hikes coupled with CRR hike. However, most of the bankers & Mr. [...]