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 [...]
MY RECOMMENDATIONS
I have been recommending various debt schemes from January onwards including investments in GILT schemes on a systematic basis. These schemes were recommended based on some long term strategies which were being followed by these AMCs & have worked successfully even in rising interest rate scenarios. During this period from January to November, RBI raised [...]
POST THE RBI CREDIT POLICY REVIEW & ITS IMPACT
Credit policy is out the way Sentiments have gone negative & frequent utterances by RBI officials on giving priority to tackling inflation first and accordingly ensuring that liquidity does not come back into the system in a hurry has also not helped matters RBIs clear intention is to tackle inflation first & hence some more [...]
Implications of our recommendations
Letter dated August 04’2003 recommending to invest in Income/G Sec Funds with four different Investment Strategies.This includes an allocation of accretion from Income Funds to be invested in equity MFs. Letter dated August 28’03 recommending booking of profits from G Sec funds when 10 year was at 5.27% with September pressures on liquidity. We had [...]