Dear Policy Holders,
It was a day which was feared but it offers an opportunity to get invested in equities to a greater extent. You may now do the following in respect of your funds :
A) The aggressive may now switch entirely in to 'Growth Fund'.
B) The moderates may now switch into 'Balanced Fund'.
C) The conservative may remain in 'Defensive Fund'.
The Oct-Dec 09 has turned out some good, some not so good and some poor results, still the overall sales growth and profit growth have been healthy. The budget may throw up some unpleasant measures but not much of it and the indices have already corrected on this account. There is therefore a possibility of markets consolidating at this level of Nifty (4700) and move upwards.
With best wishes,
Krishnakumar Khandelwal
No comments:
Post a Comment