Short Term Plans
Follow up note to the NFO of AXIS Short Term Plan
Thank you all for investing & supporting the NFO of AXIS Short Term Plan which closed on January 20’2010. The said NFO collected a decent sum of close to Rs.300 crs. As was discussed with most of our investors, 50% of these funds are already invested in 2-5 year corporate bonds [...]
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 [...]
KOTAK BOND SHORT TERM : AN ALTERNATE TO EARN LIQUID PLUS + RETURNS WITH 6 MONTHS HORIZON
I had given an investment call in AIG Short Term Plan with higher accrual and higher duration of approx. 2.3 years with at least six month investment horizon. The said strategy will work well for reasons mentioned in that note.
However, for those who still wish to play conservative & defensive strategy [...]
RELAUNCH OF AIG SHORT TERM PLAN
For quite some time, we have been dissuading our clients from taking any interest rate calls in their portfolio & goading them to invest in high accrual low duration Short Term Plans. In this segment we had recommended from time to time investments in Templeton India Short Term Plan, Religare Short [...]
REITERATION OF MY VIEWS ON TEMPLETON INDIA SHORT TERM PLAN
Kindly refer to my notes on Templeton India Short Term Plan which I had written on June 11’2009 (TWO SHINING PERFORMERS IN SHORT TERM PLANS EVEN DURING THESE VOLATILE TIMES) & on July 07’2009 (ACID TEST FOR SOME OUR RECOMMENDATIONS IN SHORT TERM PLANS).
In both these notes I had recommended [...]