In continuation to my note on 9th August 2011
In continuation to my note on 9th August 2011, please find below updated returns chart for the same. GILT SIP from 29th July 2011 to 9th Sep 2011 – 1 Cr per week S. No. Mutual fund AMT INV CUR VAL +/- XIRR 1 ICICI Prudential GFIP 70,000,000 70,341,088 341,088 8.74% 2 Kotak Gilt [...]
DEBT MARKET JOURNEY SINCE BUDGET IN FEBRUARY 2010
BLOG NOTE DATED: March 03’2010: POST BUDGET: We had recommended the following: To stay away from long end of the curve for following reasons Fiscal stimulus roll back Petrol price hike CRR hiked by 75 bps since February 13’2010 Reverse REPO figures started coming down from Rs.1 lac cr to Rs.30,000 crs & likely to [...]
REASONS FOR BENCHMARK GOING UP
Kindly refer to my various blog notes on why invest in long term G-Sec schemes. I have spoken about the same since the eve of the July Credit Policy. Also, as was foreseen by most market participants and reiterated by RBI, that containing inflation is going to be a bigger priority than pushing for growth, [...]
GREAT OPPORTUNITY AT LONG END OF THE CURVE
I have been giving investment calls in Long end of the yield curve from time to time giving various reasons for the same. Last year I had spoken about this on numerous occasions (some of my reference notes for your perusal are my blog entries dated September 07’2009 titled “SHOULD ONE TAKE CONTRARIAN CALL & [...]