FRANCHISE TRADE NOW OPEN AN ACCOUNT GLOBE E-KYC
Fund Managers Interview
Prev Next
In the near to mid-term, if OMOs are regularly announced it should be positive for bond markets
04-Jun-2018 (12:07)
In the next 2-3 years select midcaps should show fair earnings growth and should do well as a result
01-Jun-2018 (16:48)
India is likely to grow faster than many nations
30-May-2018 (14:30)
Investors to have a longer time frame if they invest in bond funds and should also consider the possibility of capital losses in the short time horizo
28-May-2018 (17:04)
We are overweight on automobile and media stocks, we are underweight on pharma
16-May-2018 (13:33)
We continue to maintain our positive stance on construction companies, private sector banks and consumer facing businesses
30-Mar-2018 (17:48)
While managing allocation across debt funds, one could look at adding interest rate risk at earlier stages
28-Mar-2018 (15:44)
Government sticking close to fiscal numbers will likely improve market sentiment
01-Feb-2018 (11:44)

Mr.Avnish Jain-Head of Fixed Income
In an interview with Anjali Raulgaonkar from Capital Market Publishers, Avnish Jain, Head Fixed Income, Canara Robeco said, We expect RBI to remain on hold in the February policy. Hence the correction in yields may have been overdone.

Excerpts:

1.What are your views on fixed income market? How have the yields moved and which direction you see them moving in near to mid-term and why? What will the key driving factors for yields?

The yields have been on upswing for past few months as rising oil price have fueled concerns of higher inflation. Higher CPI on back of high food prices have further impacted sentiment. The market rates have gone up a lot in a short period of time. In short term we expect market to consolidate at current levels. The key factors for the markets will be the Union Budget and monetary policy committee outcome. Government sticking close to fiscal numbers will likely improve market sentiment. Global oil prices will also continue to impact market yields

2.What are your expectations from Union Budget 2018-19?

We expect the Government to stick to the fiscal consolidation path, though the glide may undergo some change due to likely short-term growth disruptions caused by GST implementation.

3.What is your strategy for short term funds? What is your exposure to long term funds and why?

Both short term and long-term rates have gone up considerably in past few months. We expect RBI to remain on hold in the February policy. Hence the correction in yields may have been overdone. The current levels of short term rates are attractive, considering that overnight rate is still hovering below repo rate of 6%. Inflation is likely to peak out at 5% and show a downtrend thereafter. We expect CPI to remain largely near RBI's target of 4% in the short term obviating a need for rate hikes. Further investment cycle is yet to gain a strong foothold, and higher rates may crimp any chances of pick-up in growth. Hence from longer term perspective short term funds provide an attractive investment option. Over long term we GST to be beneficial both on revenue side as well tempering inflation. This is likely positive for long term rate movements.

4.What is your advice to the investors?

The sharp rise in rates last few months provide investors good opportunity to increase allocation to debt funds, in a phased manner, depending on investment horizon and risk appetite.

The synchronous global growth, continuous reforms from government and earnings rebound in second half of fiscal augur well for markets
02-Jan-2018 (11:07)
We expect 10-year benchmark yields to remain in range of 7.10% to 7.40%
27-Dec-2017 (15:47)
We believe from hereon; stock performances would be a function of earnings growth
26-Dec-2017 (12:23)
We believe that over the long term there is a definite room to grow amongst global stagnancy
01-Oct-2017 (21:06)
Fixed income continues to be driven by both local and global events, though local factors have far more weightage
30-Sep-2017 (20:30)
With low probability of rate cuts, developments over fiscal deficit will drive the market in near term
06-Nov-2017 (11:38)
Connect with us :   
Globe
About us
Our Services
Milestones
Memberships
Core Values
Investor Relations
Product & Services
Broking
Institutional Broking
PMS
Clearing Services
Distribution
Research
Depository
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
Back Office
Back Office
CMS
CMS-TM
KYC/KDC Status
Mutual Fund
CAMS
RMS Policy
Helpdesk
Download Forms
Useful Links
BSE
NSE
SEBI
RBI
MCX
NCDEX
Exchange Holidays
Policies, Procedures, Rights, Obligations and RDD

Funds Payout Policy
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances pleae write to
Investor_trading@globecapital.com /  igr@globecapital.com (For Trading)     globedp@globecapital.com (For DP)    Investor_pms@globecapital.com (For PMS)     
commigr@globecapital.com (For Commodities)
Equity SEBI Registration No INZ000177137. Exchange Registration Nos NSE : TM No. - 06637, Clearing No.- M50302 | BSE : Clearing No.- 3179 | MSEI : TM Code-1004, Clearing Member Code- 4 | SEBI Registration for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | SEBI Research Analysts Registration No. INH100001187 | SEBI PMS Registration No. INP00000236
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2015 Certified) Privacy Policy Disclaimer Terms and Conditions