Brilliant Effort

Congratulations on this brilliant effort! I picked up the second issue of Money Life from the stands and really liked it for the content, which immediately made me subscribe to this magazine.
I liked the article "Margin of Safety" in the second issue in which you had mentioned about Tata Steel as the world's lowest cost steel producer and among the best placed as the company enjoys...

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Our Porfolios are Diffused. That is Our Style
ML:How has SBI Mutual Fund been able to perform consistently well? Under our various stock screens, your schemes keep coming up as the best performers. What are you doing that others are not?
Sinha: In terms of processes, we may not be doing anything differently from other fund houses but probably the approach we take to equity is slightly different. Four things probably mark us...
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Guard Your Identity
KYC (Know your client) norms made headlines in the last week of April, following SEBI's action against scammers involved in the IPO allocation. While violation of KYC made news in India, it was DYC (disclosing your customer details), which led to serious action by another regulator, Federal Trade Commission (FTC), in the US. FTC fined Choice Point Inc $15 million for not being able...
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