Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
June 24, Sunday 2018 6:48 AM       

       HEADLINES: B Sujatha Devi Passes Away                                              Teased for dark skin, woman poisons food at family function                                              UP: Infant crushed to death by father                                              Senior Congress leader Danam Nagender resigns                                              UAE says ready to back efforts for peaceful Yemen rebel pullout                                              Musharraf says he has not quit politics                                              Constant bullying of activists unacceptable: HRCP                                              Kohli & Co. depart for Ireland, England tour                                              FIFA WC: Lukaku, Hazard braces help Belgium stun Tunisia 5-2                                              FIFA WC: Vela, Hernandez help Mexico win against S Korea 2-1                                              Kaumudi Facebook
       BUSINESS Next Article: Idea Cellular tops Trai's 4G upload speed rankings in Sep  
       MFs bet most on government securities: ASSOCHAM
 
         Posted on :23:03:47 Oct 8, 2017
   
A A
       Last edited on:23:03:47 Oct 8, 2017
         Tags: MFs bet most on government securities: ASSOCH
 

NEW DELHI: "When it comes to deploying their resources for long-term debt products, the mutual funds bet the most on the government securities or the sovereign," according to an ASSOCHAM analysis.

"Making extra bucks in the short term and safety through risk aversion in the long term is the name of the game for the mutual funds operating in the debt space," said the analysis done by ASSOCHAM.

The government securities, which are considered to be the safest bet for Mutual Funds (MFs) for deploying money in assets with a maturity period of one year and above, contribute about 20 percent of the total Asset Under Management (AUM) of the MFs.

However, for securities with a three to six month maturity period, the Non-banking Finance Companies, (NBFCs), bank certificates of deposits and corporate bonds are among the favourite avenues for the MFs. The treasury bills of the government are also a popular choice.

"The market for the debt instruments of the private corporate sector is yet to emerge in India, thus making the companies depend more on the term finances from the commercial banks," said the ASSOCHAM spokesman.

The analysis done by ASSOCHAM further stated that "Debts are typically products which are sold among those seeking more security and less of growth. In the Indian context, the confidence factor is for the sovereigns for the long term."

A A
       BUSINESS
Next Article: Idea Cellular tops Trai's 4G upload speed rankings in Sep
 
 
BUSINESS HEADLINES
WhatsApp updates privacy policy, terms of use ahead of payments service launch  
Infosys stable and on verge of something momentous: Nilekani  
Gold, silver prices fall on weak global cues  
FICCI awarded at X International IT Forum, Russia  
Lenovo India names Pankaj Harjai as Director-Tablets  
Adani Transmission acquires 100% equity in Ghatampur SPV  
Air India set to have 'Maharaja' class seats on international flights  
Sensex gets a buying lift, up 123 pts; RIL at new high  
Aviation Ministry committed to strategic disinvestment of Air India  
Exempted sectors should come under GST: Arvind Subramanian  
Bajaj Finserv offers pre-approved personal loan to customers  
US dollar ends cheaper against rupee  
Pradeep Parameswaran appointed Uber President- India, South Asia  
Google announces training programme for journalists  
Sensex tanks 261 pts as US-China trade spat escalates  
US dollar ends higher against rupee  
WhatsApp Payments to be rolled out soon: here is how it's different from competition  
Ayushman Bharat: Only half the states ready to launch scheme on August 15; UP Bihar & West Bengal not prepared yet  
Audi boss arrested over diesel scandal  
India, US officials to meet soon to discuss concerns of both sides: Prabhu  
Rupee dives to 3-week low at 68.01 on macro-liquidity shocks  
Gold rises on mild demand, silver surges for 8th session  
AFT directs govt to remove anomaly in HRA  
Grand Finale of Smart India Hackathon from June 18-22  
GST refund drive extended till June 16  
 
Should Yoga be made compulsory in all schools?
Yes
 
No
 
No opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy