In your interest.
Online Personal Finance Magazine
No beating about the bush.
According to sources close to the developments, the Custodian will file the petition on 11th June, in the Special Court of Justice V M Kanade (For Trial of Offences Relating to...
UTI is merging schemes, but for whose benefit?
Unit Trust of India has been in the business of mutual funds for decades now. Through these years it has come out with over 90 schemes, of which 29 are equity-related schemes. It launched UTI Infrastructure Advantage Fund in January 2008 just before a horrific bear assault hit the Indian market that has decimated the Sensex by 60%. However, with...
Edelweiss launched an equity fund but did not want you to know about it. Why?
Two years ago, new fund offerings (NFOs) used to be launched with great fanfare – road shows, jingles on the radio, long-running ads on television and huge roadside hoardings. NFOs used to remain open for a month or so. After all, funds have to be ‘marketed’ like any other product and the more money a fund could...