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Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
Gilt Fund.Ppt1
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Gilt Fund.Ppt1

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This the presentation which provide analysis of various gilt fung in india

This the presentation which provide analysis of various gilt fung in india

Published in: Economy & Finance, Business
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  • 1. GILT FUND PRESENTED BY GROUP NO-07 VARUN RAJASEKARAN SHASHI BHUSHAN PARAS GANDHI GANGADHAR KALESHE KOMAL MANE SANDHYA RAWAT SHEETAL DHORE
  • 2. INTRODUCTION
    • These are mutual fund schemes.
    • Invest in medium and long term government securities and money market instrument.
    • Originated in Britain
    • Stick to high quality low risk debt.
    • First Gilt fund – December 1998
    • RBI provides liquidity and other support
  • 3. Facilities Provided To Gilt Funds
    • Liquidity support : to support short-term liquidity requirements of such mutual funds
    • SGL and current accounts : opens one SGL account and one current account
    • Funds transfer facility :transfer of funds from one center to another under
    • Access to call market : the call money market as lenders
    • Ready forwards : undertake ready forward transactions in Government securities market.
  • 4. Eligibility for Liquidity support
    • All gilt funds – public and private sector, open-ended or close-ended
    • Have the approval of SEBI
  • 5. Conditions
    • Re-purchase agreements
    • Price of securities
    • Securities in multiples of Rs. 10 lakh
    • Maximum period of 14 days at a time
    • The repo rate
    • Remittance facility scheme
    • Cannot be used for on-lending in the call/notice money market
    • Right to partially accept/reject any application
    • Can call for all relevant information w.r.t their operations
  • 6. Requirement for Drawl
    • Application to chief general manager, internal Debt management cell, Reserve Bank of India ,central office.
    • Submission to internal Debt management cell.
    • Return of duplicate copy and lodge SGL transfer form to security department RBI
    • Current account Debit authority to RBI
    • Arrangement for repurchase of securities
    • Receive the liquidity amount
  • 7. 5.32% 5.53% 3.50% 8.09% 4.98% 3 Years 5.52% 6.38% 5.92% 13.52% 6.31% 1 Year 2.60% 3.01% 3.34% 8.01% 3.14% 6 Months 1.41% 1.89% 2.18% 7.04% 2.24% 3 Months 0.10% 0.08% 0.08% 0.40% 0.10% 1 week           Absolute Returns   as on   Jan-18-2008 No Load No Load No Load No Load No Load Exit Load No Load No Load No Load No Load No Load Entry Load 15-Oct-99 11-Feb-02 28-Mar-00 21-Jul-99 16-Jul-01 Launch Date 25000 5000 10000 25000 500 Minimum Investment (Rs) 10.17 10.53 10.88 11.61 10.61 Latest NAV (Rs/Unit) Open Open Open Open Open Scheme Type Gilt Gilt Gilt Gilt Gilt Scheme Sub-Objective Debt-short term Debt-short term Debt-short term Debt-short term Debt-short term Scheme Objective Birla Sun Life Templeton India DBS Chola ICICI Prudential HDFC Snapshot on 18 th jan 2008.  
  • 8. NAV of short term gilt funds
  • 9. 29.60% 24.50% 26.40% 25.80% 5 Years 20.80% 11.10% 13.40% 15.80% 3 Years 12.80% 6.80% 20.50% 11.00% 2 Years 9.00% 5.90% 13.40% 6.30% 1 Year 5.20% 3.40% 8.20% 3.10% 6 Months 4.30% 2.20% 7.00% 2.20% 3 Months         Absolute Returns   as on   Jan-18-2008 No Load No Load No Load No Load Exit Load No Load No Load No Load No Load Entry Load Sep-23-1999 Mar-29-2000 Aug-09-1999 Jul-25-2001 Launch Date 5000 10000 5000 5000 Minimum Investment (Rs) 11.8 10.87 11.6 10.69 Latest NAV (Rs/Unit) Open Open Open Open Scheme Type Gilt Gilt Gilt Gilt Scheme Sub-Objective Debt-long term Debt-long term Debt-long term Debt-long term Scheme Objective DSP-Merrill DBS Chola ICICI Prudential HDFC Snapshot on 18 th jan 2008. 
  • 10. BIBLIOGRAPHY
    • WWW.MYIRIS.COM
    • WWW.RBI.COM
    • WWW.MUTUALFUNDINDIA.COM
    • WWW.MONEYCONTROL.COM

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