Archive for September 22nd, 2008

Asian markets continue their party on Monday

Monday, September 22, 2008 8:16:19 AM IST

The Asian markets continued their party after positive news continued to flow about the US rescue plan for its economic and financial institutions. Shanghai Composite is up 6.86% today.

Other leading markets today include All Ordinaries, (up 3.63%), Jakarta Composite, NZSE 50 (both up over 2%), Nikkei 225 and Taiwan Weighted (both up over 1%) and Hang Seng and Seoul Composite (marginally in the green).

The KLSE Composite and Bombay Stock Exchange are yet to open for the day.

1 U.S. dollar = 45.4194 Indian Rupees
1 U.S. dollar = 106.5530 Japanese Yens
1 U.S. dollar = 0.6908 Euros
1 Ounce Gold = $866.50
1 Barrel Crude Oil = $104.80

Add commentSeptember 22nd, 2008

Sahara Interval Fund Quarterly Plan Series 1

Scheme Name
Sahara Interval Fund Quarterly Plan Series 1

Objective of Scheme
The investment objective of the scheme is to generate returns with low volatility through a portfolio of debt and money market instruments with a provision to offer liquidity at periodic intervals. The scheme does not guarantee any assured returns.

Scheme Type
Open Ended

Scheme Category
Income

New Fund Launch Date
22-Sep-2008

New Fund Earliest Closure Date
-

New Fund Offer Closure Date
26-Sep-2008

Indicate Load Separately
Entry Load: Nil Exit Load: Nil, if redeemed during the “Specified Transaction Period”, 1%, if redeemed at anytime other than the “Specified Transaction Period”

Offer Price (Rs.)
10/-

Minimum Subscription Amount
5000/-

Add commentSeptember 22nd, 2008

Reliance Fixed Horizon Fund - X - Series 5

Scheme Name
Reliance Fixed Horizon Fund - X - Series 5

Objective of Scheme
The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of: - Central and State Government securities and Other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility

Scheme Type
Close Ended

Scheme Category
Income

New Fund Launch Date
22-Sep-2008

New Fund Earliest Closure Date
25-Sep-2008

New Fund Offer Closure Date
25-Sep-2008

Indicate Load Separately
Entry Load - Nil,Exit Load - 2.00% if redeemed on or before completion of 6 months,1.00% if redeemed between 6 months-1 day till the maturity of the scheme

Offer Price (Rs.)
Rs.10/- per unit.q

Minimum Subscription Amount
Rs. 5000 (Retail), Rs. 50 Lakhs (Inst), Rs. 1 Cr (Super Inst)

Add commentSeptember 22nd, 2008

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