Skip to main content

Impact of Demonetization

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 from CORE Positions has paid off and we continue to re-iterate that it seems to be the right strategy going ahead in the current market scenario. Hence we feel that investors with 12 -18 months investment horizon can look at either of the above three duration funds however investors with the preference for active duration management fund along with an investment horizon of 3 years and above can consider investing in Reliance Dynamic Bond fund.

 

Credit Funds:

 

We also strongly feel that investors can consider our credit funds - Reliance Corporate Bond Fund and Reliance Regular Savings Fund- Debt from a constant debt allocation perspective due to their potential of delivering returns across all times. In expectations of improving liquidity conditions and money shifting from informal segment to formal banking system, we feel, such a scenario will create demand for investment products such as credit funds especially from accrual perspective. Over next 3 years or more a combination of moderate duration along with healthy accruals can help investors yield better returns.

 

Performance Update of Some of Reliance Debt Schemes:



Report as on: 15-Nov-2016

 

 

 

As on 31st Oct 2016

Simple Annualised (Return in %)

Compounded Annualised (Return in %)

 

Schemes

NAV

Launch Date

YTM

Modified Duration

1 Day

3 Days

1 Week

2 Weeks

1 Month

2 Months

3 Months

6 Months

1 Year

2 Years

3 Years

5 Years

Since Inception

Exit Load

Accrual Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reliance Corporate Bond Fund - Growth

12.859

26-Jun-14

8.52%

3.18 Years

31.83

31.83

42.639

21.917

11.522

14.61

12.845

14.201

11.609

10.676

 

 

11.087

1% for 1 Year. NIL thereafter

Reliance RSF - Debt - Growth

22.119

8-Jun-05

9.17%

1.86 Years

22.249

22.249

28.157

15.855

10.408

12.635

11.323

11.797

10.347

9.711

10.263

9.637

7.181

1% for 1 Year. NIL thereafter

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Duration Funds

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reliance Dynamic Bond Fund - Growth

22.292

15-Nov-04

7.38%

6.56 Years

98.433

98.433

91.492

45.31

18.564

18.938

14.84

18.626

13.361

11.531

11.904

11.029

6.904

1% for 1 Year. NIL thereafter

Reliance G Sec Fund - Growth

21.652

22-Aug-08

6.98%

7.07 Years

130.633

130.633

113.809

60.694

26.041

23.675

18.037

22.272

15.493

13.45

13.887

12.05

9.831

Nil

Reliance Income Fund - G P - Growth

53.322

1-Jan-98

7.14%

6.97 Years

113.467

113.467

98.521

48.946

21.305

19.349

14.987

18.992

13.296

11.274

11.513

10.173

9.268

Nil

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ultra Short Term Fund

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reliance Money Manager Fund - Growth

2188.341

20-Mar-07

7.40%

313 Days

15.089

15.089

18.001

11.741

7.535

8.743

8.237

8.713

8.606

8.603

8.809

9.098

8.44

Nil

Reliance Medium Term Fund - Growth

33.311

14-Sep-00

7.61%

1.32 Years

18.501

18.501

22.765

14.125

8.028

9.83

9.133

9.881

9.161

9.071

9.217

9.141

7.72

0.5% for 7 Days. NIL thereafter.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short Term Fund

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

 

Popular posts from this blog

ICICI Prudential Dynamic Plan Invest Online

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   ICICI Prudential Dynamic Plan             Invest Online This fund does remarkably well during falling markets, but fails to show the same prowess during a rising market. The fund sticks to its mandate to adapt to the dynamic nature of the market by shuttling between debt and equity. It takes aggressive asset calls in equity when the market surges by investing in quality mid-cap stocks. At the same time, it adopts a defensive strategy by investing in debt and cash when markets get overvalued, making it a good long-term choice.     For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call     Leave a missed Call on 94 8300 8300   Leave your comment with mail ID and we will ...
Read more

Understanding Your Cibil Credit Information Report

   WE ARE all familiar with the anxiety and uncertainty that we feel when applying for a loan. After all, it's the lender who decides whether we can own our dream home, our first car, or whether our children can pursue higher education. In a nutshell, a better life depends on the lender's decisions.    While other factors do play a part in the lender's decision, the Cibil Credit Information Report ( CIR ) plays a crucial role in a lender's decision to approve a loan application.    Previously, lenders would treat all loan seekers equally. Each applicant, if approved by the lender's internal credit policy, would be charged at the same interest rate for a particular loan size and purpose. The lenders would charge a higher interest rate to all the borrowers, in order to compensate for the possible default of a small portion of the loan disbursed. In other words, it's like a professor (the lender) punishing an entire class (borrowers) for the mischief played b...
Read more

Mutual Fund Review: ING Dividend Yield

  ING Dividend Yield's small assets enable the fund manager to churn in impressive returns… Strategy The aim of the fund is to invest in stocks which offer a high dividend yield. This fund deploys a value based strategy which aims to gain from investing in fundamentally strong and free cash flow generating businesses. The scheme focuses not only on growth but also on the cash generated by the business, which mostly leads to stable returns even in volatile markets. This fund has a low volatility because of its investment in high yielding stocks. The scheme tries to include stocks that yield dividend above the dividend yield of the Nifty and stocks with liquidity, which throws up a universe of 150 stocks.   Our View Launched in October 2005, this fund invests at least 65 per cent of its assets in high dividend yield stocks. The fund has consistently maintained a mix of stocks across varying market capitalisation, with a higher tilt to mid caps compared to small caps. Howev...
Read more

Capital Protection Oriented Funds

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   Capital Protection Oriented Funds   Erosion of capital is one of the key concerns for investors wanting to invest in equity mutual funds. To address this concern, asset management companies have launched Capital Protection Oriented Funds (CPOFs). What are CPOFs? CPOFs are generally three to five-year, closed-ended funds where 70-80% of the portfolio is invested in fixed income securities, which mature on or before the scheme's tenure. The investment in fixed income securities grows to 100% at the end of the tenure, providing the investor with capital protection. The remaining portion (20-30%) is used to take exposure to equity, which provides the upside. Exposure to equities is either by directly buying equity stocks (plain vanilla CPOFs) or by b...
Read more

Financial Planner - Do Integrity & Dependability Check

How does one can find value proposition when it comes to financial planning, which is a new area? There is nothing to benchmark it with. So, how does one figure what is the right fee to pay? Look at what you want. You probably want to hire a financial planner to get a blueprint for your life ahead and want to know how to achieve your goals. For creating a tailor-made financial plan, our experience is that it takes 25-30 man-hours in all. Taking an average of Rs 500 per hour for hiring the services of a qualified financial planner like one who has a CFP(CM) certificate, the fee would come to Rs 12,500 to Rs 15,000. But the per-hour rate can be higher or lower depending on the process adopted, the experience and expertise of the planner, etc. That's how planners arrive at their fee. Now, is that value for money? For that you need to find out what benefits you would derive by engaging them. The financial plan will give you clarity, direction and pathway to achieve your goals. Th...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now