In your interest.
Online Personal Finance Magazine
No beating about the bush.
SEBI has banned entry loads for mutual funds. The outcome has been catastrophic; more earnings for big banks and less service for retail investors. Analysis by Sucheta Dalal & Debashis Basu
Four months ago, the market regulator Securities and Exchange Board of India (SEBI) banned the entry load on mutual fund investment. SEBI’s intention was to save mutual fund investors an unnecessary...