Tuesday, 5 April 2011

Short Term Fund

Recommended Funds

1. Axis Short Term Fund – Conservative investors, who want to capitalize from accrual investments without undergoing excess volatility, can look at investing in this Fund.

2. HDFC HIF - S T P – Aggressive investors willing to take MTM exposure looking to create alpha over a 3 to 6 months period should look at this Fund. Higher portfolio accrual and credit contraction in the PSU / Corporate debt space should provide relatively better return.

3. HSBC Income Fund - S T P – Moderate investors willing to capitalize from a mix of duration and accrual product can look at this Fund for an investment horizon of 3 months.

4. Reliance Short Term Fund - Aggressive investors willing to take MTM exposure looking to create alpha over a 3-6 months period should look at this Fund. Higher portfolio accrual and credit contraction in the PSU / Corporate debt space should provide relatively better return.

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