SUNDARAM BNP Paribas Mutual Fund has announced the launch of Sundaram BNP Paribas PSU Opportunities fund. The investment objective of this thematic fund is to seek capital appreciation by investing primarily in the equity and equity-related instruments of PSU companies across the cap curve and sectors. This is an openended equity scheme, with CNX PSE Index as its benchmark. The issue of units is at Rs 10 each during the New Fund Offer period (between November 25, 2009, and December 23, 2009).
Impact of Demonetization: · Improvement in Government's fiscal position going forward: Ø Higher benefits for the Government if lesser currency notes comes back into the system Ø Increase in Tax Reporting leading to better revenue hence better fiscal · System Liquidity to increase going forward · Inflation expected to fall further · Growth to be positively impacted over medium to long term with near term hiccups Duration Funds: In light of the above facts and expectations investors may consider long duration funds ( Reliance Dynamic Bond Fund, Reliance Income Fund & Reliance Gilt Securities Fund ) as these funds would benefit on further easing of yields over next 12 to 18 months. 'Reliance Dynamic Bond Fund' aims at generating returns even in stable interest rate markets by exploring different trading strategies. The strategy to differentiate Tactical Positions f...
