CURRENT MARKET SCENARIO
I had mentioned in my Blog Note dated November 08’2010 (post RBI announce Policy Review on November 2) that inflation for various reasons will be an issue and hence, liquidity will remain tight for some more time. Having said that, no one expected inflation to remain at such high levels and also the current crisis [...]
DEBT MARKETS JOURNEY POST BUDGET
I have not written on debt markets since almost January 2010 post the Credit Policy Review. One of the reasons was that I was waiting for the announcement of Budget and subsequent borrowing calendar. I had hoped that we will have a clear path in debt markets based on the Budget announcements and borrowing calendar [...]
INCOME FUNDS
Kindly refer to our letters dated August 28’2003 & September 01’2003 , wherein we had mentioned the following reasons for switching from G Sec MFs to Short Term Mutual Funds: Advance tax outflows in the second half of the month. Half year end profit booking by corporates & institutions. Building up of cash for likely [...]