16.11.2018 Views

Monthly Presentation Oct 2018

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Our Duration Strategy<br />

• We are managing the duration actively. By actively allocating on the duration we can reduce the Mark-to-<br />

Market (MTM) risk.<br />

• We have been running relatively low duration across schemes since some time now. This has helped us save<br />

investors from a lot of potential damage that may have occurred due to sharp rise in yields.<br />

• We will increase the duration gradually when the markets have stabilized. We may allocate at high duration<br />

when there are some signs of peaking in interest rates and/or a directional rally. Till then, we will keep trading<br />

in the range with low exposures given the present risk.<br />

70

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!