TEMPLETON INDIA CORPORATE BOND OPPORTUNITIES FUND – NFO
Franklin Templeton is one Fund House which has given solutions at every bucket of the yield curve. All that the investor needs to do is identify the investment horizon of their cash flow and plug it in with one of the schemes of Franklin Templeton keeping in mind their average maturities and exit load issues. [...]
PRAMERICA TREASURY ADVANTAGE FUND – NFO
A quasi FMP kind of product -an ideal product in a rising interest rate scenario with one year investment horizon Strategy of high accrual (without unnecessary credit calls) combined with roll down effect to generate capital gains Passive strategy of buy and hold & create average maturity between 1 to 1.5 years One year paper [...]
PRAMERICA ULTRA SHORT TERM BOND FUND – NFO
A TIMELY NFO OF AN ULTRA SHORT TERM BOND FUND BY PRAMERICA MUTUAL FUND Most of the times, Mutual Fund industry has come up with NFOs of both Equities & Debt when either equity markets are on a run (say SENSEX at 20-21000 levels) or pushed debt market schemes when interest rates have been at [...]
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 & balance 50% is [...]
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 bankers & Mr. [...]