Mutual fund schemes with fancy names have turned out to be poor performers and pure marketing gimmicks. An exposé by
Debashis Basu & Swapnil Suvarna

As an investor, one of the first things you must remember about fund management is that it is a business. And the revenues and profits of that business have little to do with the returns fund companies make for you. Fund companies earn a...

Several funds are benchmarked to obscure indices, making it impossible to measure their performance

How do we know whether a fund is doing well or not? No, it is not based on the absolute returns that a fund earns. It is based on relative returns. Funds measure their performance against an external standard. This standard is called the benchmark index. Benchmarks are the cornerstone of fund...

Longer trading hours will mean a huge disruption for mutual funds including a delay in meeting redemption requests

The Securities and Exchange Board of India’s (SEBI) proposed move to extend trading hours from the current five-and-a- half hours to eight hours is only likely to increase the headaches of various market participants. The work of all agencies that depend on market-closing data...