Wednesday, December 30, 2009

QATAR NEWSPAPER PUBLISHES MY VIEW ON DEBT FUNDS

Qatar's leading English Daily THE PENINSULA published my view on Debt Funds. The Newspaper carried a article on how the Indian Investors dumped most of their equity investments and how most investors were looking at the debt investments.
Further, the article wrote about which debt funds should be looked for investments and published my opinion on them.
This is what it had to say :
'Considering the falling interest rates, one would be better off investing in long term debt funds rather than short term as these would not yield much, says fund advisor Srikanth Shankar Matrubai. In his estimation, some good debt funds for an NRI to invest in would be ICICI Prudential Income Opportunities Fund, Birla Sunlife Income Plus, Canara Robecco Income(Growth) Fund and HDFC Income Plan. Then there is TATA Capital NCD which is giving attractive Rate of 12 per cent. "

One of my NRI client based in Qatar brought this to my notice.
Click on the link below to read the article.


THE ARTICLE

http://www.thepeninsulaqatar.com/Display_news.asp?section=business_news&month=march2009&file=business_news2009031581431.xml

Regards,
Srikanth Matrubai



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Posted by at 2:45 AM
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Disclaimer: This report represents the personal views of the Author and is not a solicitation/invitation to any one to buy/sell the stock. The information has been obtained from the Public domain and various sources, which are believed to be reliable. You are advised to verify yourself before taking any investment decision. In spite of this, the author does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. He shall not accept any liability whatsoever arising from any decision taken on the basis of the above report. The author or his family may have a position in the stock at the time of writing and could be interested in the stock going up.

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