1 YEAR + HORIZON
TEMPLETON INDIA SHORT TERM INCOME FUND 1 YEAR INVESTMENT HORIZON Current Scheme Attributes: Avg Maturity 0.87 Years Gross Yield 10.43 Corpus 4836 Cr Exit Load 0.50% – 9 Months as on 31-Jan-12 BNP PARIBAS BOND FUND 1 YEAR INVESTMENT HORIZON Current Scheme Attributes: Avg Maturity 1.00 Years Gross Yield 10.35 Corpus 346 Cr Exit Load [...]
INTERESTING PLAY IN 1-3 YEAR BUCKET
A very interesting story is likely to unfold in 1-3 year segment on the yield curve. Most of the market participants are in consensus about a downward bias on the yields of various maturities based on various factors which I have enumerated in my last note on AXIS Constant Maturity Scheme. I have given reasons [...]
PRAMERICA MUTUAL FUND SCHEMES
I have been recommending some of the debt schemes of Pramerica AMC since their inception. Fund Manager has performed very well even in the most trying periods of debt markets & rising interest rate scenarios. One of the schemes whose strategy is similar to that of Pramerica Treasury Advantage Fund (TAF) was launched in October [...]
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 [...]
POST MARCH VARIOUS SCHEMES
Prior to March ending and prior to RBI Credit Policy review of March 17, I had recommended following short term plans on various dates. From the following chart one will have an indication of the compression in yield curve over various time buckets on pre March & post March basis: Rates as on Mar-15 [...]