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You can put up to 5% of debt portfolio in Piramal Capital NCDs

‘You can put up to 5% of debt portfolio in Piramal Capital NCDs’ SECTIONS Share Synopsis The coupon rates of the NCD issue, which opens on July 12 and closes on July 23, are at 8.35-9% per annum, higher than banks’ fixed deposit rates of 5.5-6% on an average. While the product is a good bet for yield-hungry investors, the instrument carries higher risk as Piramal has a lower rating. The company is rated AA by CARE and ICRA. Getty Images Financial planners believe after the sharp run up in markets over the last 15 months, it is an opportune time for investors to book some profits in equities and consider allocating some money to fixed income products.

SIP into NFO of SBI International Access US Equity FoF

Should you SIP into NFO of SBI International Access US Equity FoF? SECTIONS Share Synopsis Investors looking at geographically diversified equity mutual fund portfolios could use the new fund offer (NFO) of SBI International Access US Equity FoF. Shutterstock.com Investors looking at geographically diversified equity mutual fund portfolios could use the new fund offer (NFO) of SBI International Access US Equity FoF. However, given the rich valuations of the US markets and the sharp run-up, wealth managers believe investors should avoid lump-sum investments into such funds. Instead, they could stagger their exposure through the SIP route and restrict total allocation to international equities to 10-15% of their portfolio.

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