Many readers have interpreted my earlier article on why duration themes are not for retail investors as understanding that I am totally against Duration calls. If one has read the article thoroughly, one would have realized that I had also given investment calls from time to time to my Institutional investors including in 2008 November; but followed it up with aggressive disinvestment calls as well. I am not & have never been against giving Duration calls. I have only been stating at various forums & platforms that these calls are not for Retail investors who have come into Mutual Fund Debt schemes for predictability, lower volatility & better tax efficiency. Neither have I spoken in favor or against Duration call in that article. Entire gist of the article was that Duration themes are more like trading calls, need constant monitoring, need timely entry & exit calls & should be given by those advisors who understand when to give disinvestment calls & to those investors who are savvy on
