Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Indian fund giants target inflow surge ahead of global index inclusion
The Business Guardian
|January 24, 2024
As India’s bond market anticipates a pivotal year with potential inflows reaching $40 billion, fund managers are strategically positioning themselves to capitalize on the opportunities.
-
Aditya Birla Sun Life Asset Management favours government bonds with maturities of seven to 14 years, anticipating higher returns compared to longer-duration notes. Bandhan Asset is focusing on Fully Accessible Route (FAR) bonds, which have no investment curbs for foreigners and are eligible for entry into JPMorgan Chase & Co.’s benchmark emerging market index.
SBI Funds Management Pvt. and ICICI Prudential Asset Management Co. are leaning towards short-tenor corporate bonds, particularly those with maturities of up to three years, offering better spreads over sovereigns. The fund managers are betting on potential inclusion in global bond indexes to drive returns, especially after the central bank dismissed speculation of an interest-rate cut. In 2023, Indian sovereign bonds witnessed their best annual performance in three years.
This story is from the January 24, 2024 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
DELHI'S POISONED AIR: INDIA’S CLIMATE CONTRADICTION
Delhi's smog is the canary in India's coal mine, exposing the gap between bold climate talk abroad and weak environmental action at home. \"Life-threatening\" AQI alerts are not just weather updates; they are a report card on the social contract. If India wants to be a true climate power, it must prove that its own people's right to breathe matters more than short-term growth.
8 mins
November 22, 2025
The Business Guardian
Gautam Adani calls for India's civilisational strength to guide its future
Adani Group Chairman Gautam Adani on Friday said that India’s civilisation-al strength lies in its ability to learn, rebuild and move forward, describing the country’s progress as a reflection of its enduring identity.
2 mins
November 22, 2025
The Business Guardian
SC seeks EC response on fresh pleas challenging SIR in Kerala, other states
The Supreme Court on Friday agreed to hear a batch of pleas challenging the Election Commission's decision to conduct the special intensive revision (SIR) exercise in Kerala, Uttar Pradesh and other states.
2 mins
November 22, 2025
The Business Guardian
'One of the elements is going to be technology, innovation': Goyal
Union Commerce and Industry Minister Piyush Goyal on Friday said India and Israel will deepen their collaboration in technology and innovation, revealing that the two nations will now examine new areas of cooperation, including what “could be a startup bridge between Israel and India after the signing of Terms of Reference (ToR).
2 mins
November 22, 2025
The Business Guardian
FM CHAIRS PRE-BUDGET CONSULTATION WITH EXPERTS
According to the Ministry of Finance on X, the meeting was attended by Secretaries from the Ministries of Power, Ports
1 mins
November 22, 2025
The Business Guardian
Australia welcomes Reliance move to supply Australia with Russian-free oil
Australian High Commissioner to India Philip Green on Friday welcomed Reliance Industries’ decision to supply to Australia oil that is free of Russian crude.
2 mins
November 22, 2025
The Business Guardian
‘SEBI not considering any new digital gold framework’
SEBI Chairman Tuhin Kanta Pandey on Friday clarified that the regulator is not considering any new regulatory framework for digital gold at this stage.
1 mins
November 22, 2025
The Business Guardian
DELHI LG CALLS FOR INCREASED VIGILANCE FOLLOWING RED FORT BLAST
Delhi LG directs preventive measures following deadly Red Fort explosion incident.
1 mins
November 22, 2025
The Business Guardian
ANANDIBEN PATEL: A LIFE ILLUMINATED BY NURTURE AND VALUES
Uttar Pradesh Governor Anandiben Patel has just completed 84 years of an eventful and inspiring life.
4 mins
November 22, 2025
The Business Guardian
Gautam Adani announces Rs 100 cr contribution to indology mission
At the inaugural Adani Global Indology Conclave, Adani Group Chairman Gautam Adani announced a landmark commitment to building the Bharat Knowledge Graph -- a first-of-its-kind digital framework designed to preserve, structure and future-proof India’s civilisational knowledge in the age of Artificial Intelligence.
2 mins
November 22, 2025
Listen
Translate
Change font size