Slowly and steadily
@Bhuvan - can you share any titbits on upcoming funds? are all marketcap funds or any strategy/thematic index funds in pipeline?
Broadly the idea is to have all building blocks across all the asset classes in place. Please give us a couple of weeks; we’ll share more : )
aha… Hopefully completely passive multi-asset, multi-cap/factor and has some world/international flavor.
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Yeah something that is tested and works and significantly reduces downside risk during crashes while giving decent above inflation returns.
Basically should have much better returns/risk even if overall returns are lower that equity.
Will be great for retired people and perhaps for pledging too. Something like equity(India/abroad/variations) + gold/SGB + debt + commodities - in a way that works ( if it works ). Would be nice if along with normal stuff, Z can come up with useful and unique things. -
I think gilt short term ( say 1Y-2Y) is just gone from Mutual funds, there are only target maturity ones which we cannot hold endlessly without booking CG and holding period will be variable.
Would be great for pledging - better yields vs overnight and no credit risk and minimal duration risk.
One observation that I have made is that none of the AMC’s have launched aggressive or conservative passive hybrid funds . Is there any reason for that ?