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 [...]
An Alternate Asset Class between Liquid Plus & Short Term Plans
As is the practice every year, there are rumours once again circulating that Government might increase Dividend Distribution Tax (DDT) on debt schemes (other than Liquid Schemes- which already attracts higher DDT of 28% v/s 22% in other debt schemes) in the current Budget to be announced in February 2010. Also, there is a fear [...]
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 investment in Templeton India [...]