Short term Debt Products

Invest In Tax Saving Mutual Funds Online

Download Tax Saving Mutual Fund Application Forms

Buy Gold Mutual Funds

Call 0 94 8300 8300 (India)

Domestic mutual fund managers have taken a bullish stance on ultra shortterm debt products, saying the category could offer around 15% annualised return over the next one month on expected rally in short-term papers (CPs and CDs).

According to money managers, interest rates in ultra short-term debt products, mainly commercial papers (CP) and certificates of deposit (CD), are high as companies are facing tighter liquidity condition due to advance tax payments, and mutual funds are witnessing redemption pressure from corporates. It's a good opportunity for investors to make money through investment in CPs and CDs.

At present, interest rates are high in these shortterm papers as mutual funds are facing redemption pressure from corporates. We expect interest rates in short-term papers to ease over next one month as the RBI has cut interest rates. Thus, investors can make money as prices of these papers are expected to go up.

Currently, one-year CPs and CDs offer around 9%. Fund managers expect it to ease by 75 basis points (9% on annualised basis) over the next one month to 8.25%. Thus, people who are investing in short-term papers around post mid-March are likely to make 15-17% annualised return by April (current rate 9% on shortterm papers, plus 9% gain from rally due to easing short-term yields, on an

anualised basis), post deduction of expense ratio, which is around 1% to 1.5%.

Fund managers also expect portfolio reshuffling in favour of short-term debt products and see equity markets remaining flat over the next one month.

 

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax PlanInvest Online
2. HDFC TaxSaverInvest Online
3. DSP BlackRock Tax Saver FundInvest Online
4. Reliance Tax Saver (ELSS) FundInvest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) FundInvest Online
7. SBI Magnum Tax Gain Scheme 1993Invest Online
8. Sundaram Tax SaverInvest Online
9. Edelweiss ELSS Invest Online

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

Best Performing Mutual Funds

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
4. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Tax Saver MutualFundsInvest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund
6. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund