Short Term Plans
CONTINUATION – A LOOK AT SOME OTHER SCHEMES
In continuation of my earlier note yesterday, the following schemes can are capable of giving decent double digit returns over their recommended investment horizons due to strategy of high accrual/roll down effect & capital gains. Templeton India Short Term Income Plan Exit Load – 0.50% if redeemed before 9 Months Templeton India Income Opportunities Fund [...]
TIME TO GET AGGRESSIVE?
Short term rates seem to be peaking off. In fact, they peaked off in the month of March 2011. We have not seen those peak rates touched in March 2011 (1 year CD CP had touched a high of 12.50% on March 15) after that even post two rate hikes by RBI. Our call on [...]
STICKING TO SIMPLE FORMULA – TISTIP
Time & again I have been recommending investment in the captioned scheme with investment horizon of one year & above. The Fund manager’s strategy of generating returns over one year equal to captured YTM at the time of investment less expense ratio +/- 50 to 75 bps based on whether interest rates(at the end of [...]
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 [...]
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, [...]