A Flipper Fund

Standard Chartered Enterprise Equity Fund will buy IPOs and flip it over. Since it may mainly make short-term, price-based bets, retail investors should stay away from it

Mutual funds use clever names and marketing gimmicks to raise money. They also have a tendency to follow each other (see me-too funds in the May 7 issue). Despite spending crores in marketing, Indian mutual funds are simply...

Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
Already a subscriber ? Log in
Free Helpline
Legal Credit