How do you gauge the performance of your fund? One usual way is to look at the historical performance of various fund schemes and compare their returns vis-à-vis their benchmarks. But what period does the word “historical” stand for? In the US, many funds have a track record of more than 20-30 years. How far does the track record of Indian funds go? Look at the chart below. It shows the...

Radhika Nair describes a novel way of using palyful pets to assist in therapy

Vinod, a resident of Cheshire Home has been on a wheelchair for the past 25 years. His hands and legs are immobile; he was depressed most of the time and did not get out of his room much. That is, until Angel, a two-year-old golden retriever, walked into his life. He now looks forward to her weekend visits so that...

The market corrected by more than 15% in February and March. Some stocks resisted the fall.  Which were these? How many of them are worth buying? Shailendra Lotlikar explores

The 15% correction that has happened between 9th February and 16th March 2007 has brought the prices of many stocks down to earth. Overly bullish investors have suddenly turned in their horns. A declining market is the...