In your interest.
Online Personal Finance Magazine
No beating about the bush.
The Sensex is down 6,374 points (30%) from a high of 21,207 it hit on 10th January. How have the mutual funds negotiated the crash? Here is a snapshot of the performance of 192 funds (after excluding new and institutional plans) between 10th January and 17th March. A majority of these 192 (53% or 101 funds) have underperformed their benchmarks during this period while 89 funds (46%) have...
Commodity futures trading in India through national bourses was re-started in 2003, after a hiatus of four decades, this time through transparent, automated, screen-based exchanges. These markets are still viewed with suspicion and trading in rice, wheat and pulses was banned on complaints that futures trading had led to a price spiral in 2006. Trading remains restricted to a handful of...
Thanks for bringing out wonderful issues each fortnight. I have been a regular reader of MoneyLIFE since its launch in February 2006. I would like to bring a couple of investor-unfriendly practices of mutual funds.
I have two running SIPs one each in Reliance Growth Fund and Reliance Vision Fund. Each SIP is for Rs2,000/- and both of them end in December 2008. After the recent SEBI...