The Demeter Portfolio aims to generate income and long-term capital appreciation by investing in high-yield fixed income securities. The portfolio seeks to:

• Generate steady cash flows and capital gains through interest, dividends, and trading
• Diversify across instruments like preference capital, non-convertible debentures, PTCs, CDs, tax-free bonds, and more
• Reduce concentration risk by spreading across sectors, instruments, and credit ratings

Karvy Capital’s Demeter Strategy follows a robust fixed income approach by:

• Allocating to instruments ranging from government securities to speculative-grade bonds
• Using the S&P BSE India Corporate Bond Index as a benchmark for risk-adjusted performance
• Generating scheduled investor cash flows each quarter
• Spreading investments across credit ratings, maturities, and sectors