Month: February 2011

Below are all the posts archived for the month.

Budget: Where does the government get its money from?
in Economy

I didn’t plan to do a budget post originally because I didn’t feel anything of great interest has been announced, but then Amit left a comment on the Suggest a Topic page, so I thought I’d do one on it anyway. Leading economist Bibek Debroy (@bibekdebroy on Twitter) tweeted the following earlier today: Para 196
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SBI Bond Gray Market Premium and Annualized Returns
in Fixed Deposits

Business Standard reports that the recent SBI bond issue is getting gray market premiums, which is a first for any bond issue! Brokers are giving up to Rs. 320 to retail investors to apply for bonds on their behalf as the brokers expect good listing gains, and though popular for IPOs – this is the
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IDFC Infrastructure Mutual Fund NFO
in Mutual Funds

I’ve seen at least one comment that confused the IDFC Infrastructure Mutual Fund to the IDFC Infrastructure bonds, so let me say it upfront that this is a equity mutual fund, and not a bond. You will not get any tax benefits from investing in IDFC Infrastructure mutual fund, and when you invest in this
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How does mutual fund NAV affect performance of a fund?
in Mutual Funds

There were two recent comments that prompted me to write this post, and both had to do with mutual fund NAV (Net Asset Value), and how they impact the performance of a fund. The truth is that mutual fund NAVs have no impact on the performance of a mutual fund, and you should ignore the
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