Monthly Archives: July 2011
What Is Debt Funds A mutual fund or exchange traded fund which gives more preference to debt market instruments called debt funds. Debt market instruments include short term or long term bonds, securitized products and money market instruments. The charges
Repo Rate is the rate of short term loans by Reserve Bank to Commercial Banks. The Repo Rate is revised to 8% in 26th July 2011. Reserve Bank borrows money from Commercial banks. Reverse repo means the interest paid by
Intas Pharmaceuticals is an Ahmadabad based company trying for an IPO of Rs (750 to 800) Cr. Company has filed a draft red hearing prospectus with the market regulator SEBI. They are concentrating in the R & D, Biotechnology and
Tata Contra Fund It is an open ended equity diversified fund by Tata mutual fund. Asset size of the fund is Rs 101.97 Cr. Fund launched in 2005. Rs 5,000 is the minimum investment. Bhupinder Sethi is the fund manager.