General Objective of dynamic bond fund is to generate income while maintaining liquidity through actively managed portfolio of debt & money market instruments. In general interest rate cycles can not be predicted accurately and so there is importance of Dynamic Bond funds which invests in instruments across different maturities and as well can rebalance portfolio…
Review – Just Dial IPO:
Just Dial Limited – One of the leading local search engine in India has come with IPO issue and details of IPO are as below: Issue Open Date: May 20, 2013. Issue Close date: May 22, 2013. Price band : Rs.470-Rs.543 per equity share (10% discount on the floor price to retail individual investors). Minimum…
Negative Compounding:
Rajesh has nearly 5 lakh idle in his bank account..neither he don’t have any plan about this money.Currently his money is subject to interest rate 0f 4% and though numerically money is growing… the purchasing value of money is going down year by year considering the inflation effect.. If we consider period of last 10…