India USD Bond Portfolio

The primary objective of this strategy is to create and maintain a portfolio of bonds of Indian companies or their subsidiaries and achieve superior risk adjusted returns as compared to long term cash deposits.

It seeks to optimize risk and return by carefully selecting a combination of varying grades of bonds available. For example, we will typically have a diversified portfolio of bonds of PSU banks, high grade Indian corporates and some high yield corporate bonds.

The strategy invests mainly in USD bonds as the liquidity and choice is acceptable for our risk parameters. From time to time these portfolios may be leveraged to enhance yields. The nature of the strategy does not warrant any benchmark but we seek to achieve between 5 -9% p.a. on a leveraged basis