In your interest.
Online Personal Finance Magazine
No beating about the bush.
How have the fund managers performed in the December quarter? Among the 240 equity diversified growth schemes, 47 are either new or are institutional schemes. Of the remaining 193, 64% (124 funds) have managed to beat their benchmarks while 35% (67 funds) underperformed their own benchmarks. The benchmarks of two schemes are not available. A composite ranking of funds, based on their returns...
One of the first tasks before the Securities and Exchange Board of India’s (SEBI) brand new chairman would be to decide on the selective bonus proposed by Reliance Power Limited (RPL) to reduce the price paid by its retail investors. The company claims that it is offering “free shares” to “all the shareholders, excluding promoters, who would accept dilution of their stake in the broader...
There is precious little you can do when stock exchanges go mum about serious investor issues
English India Clays’ post-demerger listing is possibly the most outrageous case of callous disregard for investors that one has seen in a long time. Consider this. Until 12 February 2008, the stock of this Thapar group company was trading at over Rs1,690. The next day, the demerger of its...