Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Friday, May 3, 2013

ICICI Prudential Short Term Plan

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

ICICI Prudential Short Term Plan is Short-duration Income fund that seeks to capture accrual opportunities at low levels of risk and endeavours to have capital appreciation through marginal exposure to securities for directional calls on interest rates.

 

The scheme endeavors to manage the portfolio with a low level of risk with the securities being chosen to ensure good credit quality (i.e. with long-term rating between AAA and AA), reasonable liquidity and low interest rate risk.

 

The scheme intends to generate reasonable levels of returns with lower levels of risk & volatility.

 

Key highlights of the scheme:

 

Predominant focus on accrual income with average maturity in the range of 2-3 years.

Seeks to have marginal exposure to long maturity papers (5+ years , not exceeding 15 years in Govt. securities-Central & state)

 

Endeavor to generate reasonable Risk-adjusted returns i.e. reasonable returns with lower volatility.

 

Indicative investment horizon for the Scheme is of 6-12 months.

The fund will endeavor to limit the modified duration upto 3 years in the current market conditions.

 

Predominant exposure in the 1-5 year segment PFI (Public Financial Institutions)/ Corporate bonds and SDLs (State Development Loans) with an aim to generate accrual and incidental capital appreciation (explained below as Natural MTM*).

 

In addition, the scheme would also seek to benefit from capital appreciation / Mark-to-market gains (MTM) from exposure to long maturity papers. This long maturity component may not be beyond 15 years and may constitute 10% or lower in the portfolio based on interest rate views (such a restriction may contain the volatility in the portfolio).

 

What to expect going forward:

 

Spread opportunity in SDLs is playing out: The scheme had taken exposure to SDLs during Sept-October 2012 when the yield differential between SDL and corporate bonds was low and also the spread between SDL and G-sec were high compared to the historical average. The scheme has benefited from capital appreciation in past 6-7 months from its exposure to SDLs due to their spread compression over G-sec.

 

The scheme would seek to move from SDLs to corporate bonds on account of spread opportunities available in corporate bonds compared to SDLs. Thus, the Scheme may consider optimizing the spread opportunity that corporate bonds offer over GOI Securities vis-à-vis that of SDLs over GOI Securities .

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 Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief ‘96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest 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
    1. 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
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

No comments:

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications
Related Posts Plugin for WordPress, Blogger...

Popular Posts