RETAINING ITS CHARACTER – HDFC HIF – SHORT TERM PLAN
There have been many asset classes like liquid, short term plan (STPs), Income schemes, GILT schemes, etc which have nomenclatures which do not justify their underlying portfolios. For example, Flexi Debt schemes have been converted to Liquid Plus schemes, STPs have been converted to Money Market plus schemes, Dynamic Bond Funds have been converted to [...]
KOTAK BOND SHORT TERM : AN ALTERNATE TO EARN LIQUID PLUS + RETURNS WITH 6 MONTHS HORIZON
I had given an investment call in AIG Short Term Plan with higher accrual and higher duration of approx. 2.3 years with at least six month investment horizon. The said strategy will work well for reasons mentioned in that note. However, for those who still wish to play conservative & defensive strategy (without taking duration [...]
Investment in Short Term Plan
Subsequent to the relaxation in norms of listing of Corporate Bond paper & a breather to Mutual funds to regularise the same by 1 st January 2005 , we expect the Corporate Bonds to compress from current level. Also most of the AAA rated & AA + issuers of corporate Bond already started the process [...]
RECOMMENDATION OF SOME DEBT SCHEMES
OUR VIEW ON THE DEBT MARKET & RECOMMENDATION OF SOME DEBT SCHEMES Kindly refer to our letter dated October 22’2003 regarding treading cautiously & investing in Income Schemes prior to the Credit Policy announcement on November 03’2003. There we had predicted that if any or all of the expectations are not met in the Credit [...]
SHIFT TO INCOME FUNDS ONLY ON FURTHER CORRECTIONS
TREAD CAUTIOUSLY & SHIFT TO INCOME FUNDS ONLY ON FURTHER CORRECTIONS: In the past couple of months we had given the following calls of Investments & Disinvestments from Income/G Sec Funds to Short Term Funds & vice versa: Call for switching from G Sec Funds/Income Funds to Short Term Funds when 10 year touched 5.22% [...]