Archive for September 29th, 2008
Scheme Name
JM Fixed Maturity Fund Series XIII 18 Months plan 1 (JM FMF - XIII - 18M1)
Objective of Scheme
A close ended income scheme comprising various plans seeking to generate regular returns through investments in fixed income securities normally maturing in line with the time profile of the respective plan.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
29-Sep-2008
New Fund Earliest Closure Date
22-Oct-2008
New Fund Offer Closure Date
24-Oct-2008
Indicate Load Separately
Please read offer document
Offer Price (Rs.)
Rs 10/- per unit
Minimum Subscription Amount
Rs 5000 (Regular) & Rs 5 lakh (Institutional)
September 29th, 2008
Scheme Name
JM Fixed Maturity Fund Series XIII Yearly plan (JM FMF - XIII - Y)
Objective of Scheme
A close ended income scheme comprising various plans seeking to generate regular returns through investments in fixed income securities normally maturing in line with the time profile of the respective plan.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
29-Sep-2008
New Fund Earliest Closure Date
15-Oct-2008
New Fund Offer Closure Date
15-Oct-2008
Indicate Load Separately
Please refer offer document
Offer Price (Rs.)
Rs 10/- per unit
Minimum Subscription Amount
Rs 5000 (Regular) & Rs 5 lakh (Institutional)
September 29th, 2008
Monday, September 29, 2008 3:48:57 PM IST
The Indian stock markets have touched the lows of 2008 but managed to recover a bit after than and ended up in the red today. Nifty is down 3.54% and managed to close upwards of 3700 and last traded at 3844. Sensex is down 4.03% amnd closed at 12574.55
CNX 100 is down 3.65% and CNX 500 is down 3.85%. CNX IT is down 4.26% while Bank Nifty is down 4.98%.
Top Nifty losers of the day include ICICI Bank (down over 12%), Suzlon (down over 11.75%), IDEA (down over 9.6%), Tata Power and Satyam (both down over 8%), HCL Tech (down over 7%), TCS, DLF, Ranbaxy and Reliance Power (all down over 6% each).
Despite such a broad day of blood bath in the markets, there are few stocks that managed to close in the green. BPCL, SAIL, Hero Honda, Hindustan Unileaver, GAIL and Wipro managed to close in the green.
The BSE Midcap and Smallcap indices are down 4.41% and 5.50% in line with the broder indices indicating a market-wide selling today. Realty. Bank, Consumer Durables, Power, Capital Goods and IT are the biggest sectoral losers. Sans the FMCG which is down 0.50%, all the remaining BSE sectoral indices are down by nothing less than 2.4%.
1 U.S. dollar = 46.6700 Indian Rupees
1 U.S. dollar = 105.9658 Japanese Yens
1 U.S. dollar = 0.6916 Euros
1 Ounce Gold = $875.70
1 Barrel Crude Oil = $103.52
September 29th, 2008
Scheme Name
Tata Fixed Investment Plan 4 Scheme B - Regular Investment Plan
Objective of Scheme
The investment objective of the scheme is to generate income and / or capital appreciation by investing in wide range of debt and money market instruments.
Scheme Type
Close Ended
Scheme Category
Income
New Fund Launch Date
28-Sep-2008
New Fund Earliest Closure Date
-
New Fund Offer Closure Date
16-Oct-2008
Indicate Load Separately
Entry Load: Nil Exit Load: 2% if redeemed before maturity.
Offer Price (Rs.)
10/-
Minimum Subscription Amount
10,000
September 29th, 2008
Monday, September 29, 2008 10:40:24 AM IST
Indian stock markets took a gap down opening this morning. Nifty is at 3934.15 down 1.28% while Sensex is down 129.74 points and is at 12972 points. Realty, IT and Consumer Durable stocks are down.
CNX 100 is down 1.46% while the broder CNX 500 is down 1.41%. CNX Midcap is down 1.68%. CNX IT is down 2.95% while Bank Nifty is down 2.09%.
Top Nifty losers in the early trades are HCL Tech, Suzlon, Tata Motors, Satyam, DLF, Sterlite, TCS, Unitech, Reliance Communications and Cairn. Top gainers on the Nifty are Ranbaxy, BHEL, GAIL, Hero Honda, Hindustan Unileaver, ITC, National Aluminium, BPCL and Reliance.
BSE Midcap is down 1.64% while BSE Smallcap is down 1.43%. FMCG is the lone sectoral index in the green on the BSE at the moment. Akruti, Anant Raj, HDFC, Indiabulls Realty and Sobha Developers stocks are hard hit this morning.
1 U.S. dollar = 46.3392 Indian Rupees
1 U.S. dollar = 106.6552 Japanese Yens
1 U.S. dollar = 0.6901 Euros
1 Ounce Gold = $875.00
1 Barrel Crude Oil = $105.68
September 29th, 2008