HUDCO Tax Free Bonds (Sep 2013)

Housing and Urban Development Corporation Ltd (HUDCO) will be issuing tax free bonds from 17th September. HUDCO is a fully owned government company which enjoys healthy finances and business model. Hence these bonds are regarded as safe. Every year select few companies are selected to issue Tax Free Bonds. The Interest rate scenario changes periodically, […]

Where are we heading now?

Let’s take a quick look at what’s happening and the outlook for the medium term: US economy is doing well. We have been saying this since early 2012. The last 4 years there has been enormous amount of credit in the system because of central banks easy monetary policies. The QE (Quantitative Easing) has pushed […]

L&T Global Real Assets Fund

In continuation to our note last September, we are excited to share some more insights on this fund. This update was shared to our clients much earlier. The Fund was launched in Feb 2010. Since Launch it has returned an absolute 70% compared with MSCI AC World index 65%. The fund has beaten many of […]

Global market outlook

World Economy is recovering led by the US. Investors are preferring US Equities, Japanese Equities and Emerging Market Equities. Global growth is getting stronger and inflation is under control because of commodity prices are weak. US dollar is strong and that’s one of the reasons why commodities prices are under control. US interest rates might […]