An update by @FTIIndia . Do not believe unsubstantiated claims by unknown entities like CFMA.
By their own admission, none of their Members were Unit Holders of affected schemes. On what basis are they mis-guiding Investors and getting involved? Only Investors are suffering
When will Investors realise the futility of the legal path they are pursuing instead of letting the Fund House manage winding up of schemes and start repaying
It is visible for all to see that these schemes are now cash +ve with almost 8000 crs having been raised till now
Following these unknown entities who claim to be working in their interests is the biggest folly of Investors.
Wake up to reality, remove all legal cases, start receiving your funds and move on in life.
I have been shouting from roof tops ever since this FT saga unfolded to vote for winding up. Any other route is only detrimental to their interests
Disclaimer: I am not speaking on behalf of @FTIIndia, but speaking in the best interests of the Investors who seem to be misguided
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MisterBond's #RollOfHonour for various #Debt scheme categories for the year ending on March 31'2023.
#IHR - Investor High Returns Score - Higher Returns in Higher Bands #IER - Investor Experience Returns Score - IHR divided by Std Deviation #BI - Beating Industry Average
MisterBond's #RollOfHonour for various Equity scheme categories for the year ending on March 31'2023.
#IHR - Investor High Returns Score - Higher Returns in Higher Bands #IER - Investor Experience Returns Score - IHR divided by Stabd Deviation #BI - Beating Industry Average
Hybrid category will start becoming popular with more than 36% in Equity.
Expect more such offerings from #AMCs. Brace for more #volatility in New offerings.
No implications if you continue to hold your existing #DebtPortfolio. Only if you invest fresh funds post 1 April 2023, there will be only STCG like #BankDeposits.
New Fund Offer (NFO) of Motilal Oswal Nifty G-sec May 2029 Index Fund. The NFO opens and closes on 02nd March 2023
Why should you invest in Motilal Oswal Nifty G-sec May 2029 Index fund?
It is a 6 year open ended #DebtScheme - comparable time frame to most popular investment alternative viz. 5 year #BankFD
With likely capture of Gross YTM of 7.40% - again comparable to current rates of 5 year FDs or even better
However, MO 2029 G Sec NFO scores over FDs on many counts: 1. More #TaxEfficient with 7 indexation benefits 2. Similar returns but scope for capital gains if redeemed before maturity (when interest rates soften) 3. Better #Liquidity as it is open ended debt scheme