In your interest.
Online Personal Finance Magazine
No beating about the bush.
A flawed structure has been imposed on the fund industry ostensibly to protect your interest
Mutual funds (MFs) take money from you to invest in the market. But what are the legal provisions in place to protect your interest? Take a look at the structure of the fund industry. There are three ‘entities’ involved. The first is the ‘fund’ – the pool of money belonging to investors. The fund is...
The big argument in favour of power equipment manufacturers is compelling. India is a power-starved country and needs to add 78,000MW during the 11th Five-Year Plan and over 85,000MW in the 12th Plan period. This would supposedly mean continued growth opportunities for companies like Bharat Heavy Electricals (BHEL) and ABB. That apart, industrial capital expenditure in metals, mining and...