PROFIT BOOKING IN G SECS
I had started recommending investing in G Sec schemes on weekly basis since July 29’2011. I had reiterated this call on various dates viz. August 09’2011 & September 14’2011 & giving reasons for my belief as to why GILT yields will ease off inspite of several rate hikes by RBI during this period. I had [...]
WHY GILTs?
I have been recommending investment in GILT schemes primarily on two counts viz. 1) technically, whenever 10 year benchmark yield has breached 8.50%, there has been resistance at this level & the yields have retraced below 8.50% levels & 2) sometime in the near future RBI will have, if not dovish at least a neutral [...]
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 [...]
GILT THROUGH SYSTEMATIC WEEKLY INVESTMENTS
On July 29, I had recommended investment in GILT thru strategy of SIP with an intention of creating average over next 3 months till October. Benchmark rates on that date were hovering between 8.40 & 8.45 levels. I had also given reasons as to why I feel benchmark yields should come off from these levels [...]
TRADING CALL IN GILT THROUGH SIP
I had recommended investment in GILT schemes thru a SIP mode sometime in July 2010 when 10 year benchmark was at 7.70% levels. Thereafter till October when benchmark went upto 8.01%, the said strategy had generated close to 6.50-7% p.a. returns inspite of inching up benchmark yields. Of course, thereafter with a clear direction of [...]