Category: Fixed Income

Fixed IncomeGeneralMutual FundsPersonal Finance

Opportunity in Debt Mutual Funds – Alternative to Bank and Postal Deposits

Friends,            Many investors carry a wrong notion that Mutual Funds is all about Equity/Stock investing. But the reality is as on 30th Sep 2016, data from AMFI (Association of Mutual Funds in India) says investments in Equity MFs is 5 Lakh Crores Vs 11 Lakh Crores. i.e. Only 31% of the funds are invested in Equity and the rest 69% are in Debt Funds. Since the content required for this blog is high, I...
PenguWIN
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Fixed IncomeGeneralMutual Funds

Do you want to preserve or grow your money?

Dear Friends, Hope you are safe and well. Our sincere condolences to the people affected by the rains in Chennai and other locations. The impact of loss of property seem to be larger than the Tsunami that hit us in Dec 2004. Our office was inundated by water twice and damaged PC’s, UPS, furniture’s and racks. We are waiting to resume operations by this weekend as there is rumour that we might get hit again...
PenguWIN
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Fixed Income

Good Fixed Income Option – Proposed ECL Finance Ltd. (Edelweiss) Public Issue – Secured NCDs

Dear Friends,                          ECL Finance Ltd is proposed to come up with a 800 Crore Secured NCD issue shorty. The issue has been rated “AA” by CARE and ICRA and instruments rated “AA” and above are recommended for investment by PenguWIN. The interest rates for 3 years, Annual Interest option, is expected to be around 10.45% and 5 years is expected to be around 10.6%. RBI is expected to cut down the interest rates further...
PenguWIN
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