What you should do with your money now..

Well, you must have seen the markets and like all other Indians thought of the market reaching its bottom sooner than later at some point. As far as the Indian market goes, the worst fall may be over but there is plenty more to come.

However, Fixed Maturiy Plans and simpler money and even longer term fixed income funds are really going to boom in the next couple of months as yields steen down and the freed up SLR and CRR money does a few rounds. Yields are going to come to a saner point and then some , even though this rally is at the best temporary.

As of date, Gilt funds have already returned a positive 3-5% in one month, long term floaters upto 1%. Short term floaters and Money market funds have returned 1% and medium term income and bond funds have returned 2-4% in this 1 month till Nov 20. They all remain good investments. Fo fund selection, one can also refer to http://www.valueresearchonline.com

Also, it may be a good time to invest in some indices and keep your porfolio shored up with a Gold ETF or Gold in any other form. With elections round the corner, at least Christmas will be rosier than this Diwali was. Equity – if you are very sure, maybe 10% of your money in some really sound scrips. Some of the special situation funds are looking okay as is Reliance Regular Savings Equity Funds.

Banking funds are already down 10-20% in the last 1 month while even the Top 10 diversified funds have lost 5-10% and withdrawals continue to torment the fund managers plans. Withdrawals in October exceed Rs 1 Lakh Crores.

If you want specifics contact me and I will always be there to help you with a portfolio specific to your needs.


About zyakaira

Investment Banker, 40s, Bangalore This Biopic and this web recreates how one point of view, one person can impact a tremendous economic engine that the world thrives and mis-thrives on. This one has the knowledge and the civil sense , the art of conversation and some good writing to mentor others as powerful and help global managers develop and fine tune their approach on US markets, China, India and the world. Read on here, and let me know what you need. It can be a race for TRPs, a race for new markets and a race to do what is right. I have the pulse of the crisis, the recovery and the market direction and can help you build and refine your strategy as i have helped thousands of managers and multiple global corporations. Of course, it’s more fun if you talk to me. I am in favor of leading this moving of the economic crisis and will partner with you in a soft and subtle way, just the way we both ride to the top. But you can write with us, opine and just reply with aplomb and shine on Twitter , 4 square , Facebook and any other social “choupal” of choice via zyaadakairaada Profile & Portfolio - SocialPicks Different flavours at: http://benchilibowl.wordpress.com http://zyaada.mp

Posted on November 21, 2008, in Financial Markets, India, Investments and tagged , , . Bookmark the permalink. 4 Comments.

  1. Reality Check: Gilt funds have returned 30% in the last months ( Category average 18%) while Medium term Bond funds have returned over 10 %. However returns will continue to come stabilization takes root and liquidity ensues in the next 3-6 months at stable lower rates.

  1. Pingback: What you should do with your money now.. · All-Mutual-Funds-ExplainedOnline.Net

  2. Pingback: What you should do with your money now.. · Mutual-Fund-Investing.ExplainedOnline.Net

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