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Sebi on Monday eased the norms for valuation of perpetual bonds by mutual funds after the finance ministry’s intervention to ease the concerns of the bond market and the asset managers over the rules.

SEBI's new rule means that units would be allotted only when the money hits the fund house's account. Any delay could result in loss of tax deductions for this fiscal

Indian investors do not invest much into foreign assets. The combined assets across all mutual funds investing in foreign geographies is 2bn USD (~ Rs. 15,000 crs).

So far, only those above 45 who had certain co-morbidities were allowed to take the vaccine after producing a letter from a registered doctor

While the rest of the market is outperforming the FMCG space, there is always scope to make money if you are a stock picker, says the portfolio manager.

We are positive about domestic consumption, private banks, logistics and we also like IT due to the technology transformation globally, says Patil.

Industry experts said there will be no panic redemption in these bonds with this temporary relief. However, they differ on views whether the move will help banks, which raise capital through such bond issuances.

From the quality point of view, we are in a far stronger position than we were ever before, says Nippon Life India AM CEO

Currently, the 10-year Treasury yield is sitting near 1.6%, down after having breached 1.7% last week. Yields have moved higher as inflation worries mount and global economic recovery takes shape.

Wabco India, IRCTC, Indiabulls Real Estate and Poly Medicure were among some of the preferred stocks

Insurers can offer the revised sum insured with effect from 1 May or earlier

“Many securities in the portfolio are fairly liquid. The environment has changed as compared to last year, which will ease monetisation,” says Kirtan Shah, CFP, Sykes and Rays Securities.

The big difference between a year ago and now is that the government has not announced any major lockdowns