In your interest.
Online Personal Finance Magazine
No beating about the bush.
Rei Agro is a good play on consumption-led growth
Rice is a good business, especially if it is of the value-added kind like basmati. Some months ago, we had suggested that investors look at Khushi Ram Behari Lal. That stock has underperformed. Rei Agro is one of the few listed rice companies. It is the largest purchaser of basmati paddy with the largest milling capacity in India (its two...
I am attaching a scanned copy of NABARD’s advertisement for 10-year zerocoupon bonds (Times of India, 20 September 2007). The advertisement highlights “Highest ever return” of 12.82% (with the qualifier that the return is based on “post tax simple yield to maturity”. It says, “Invest Rs8,250 and get Rs20,000 on maturity”. Now, does it really work out to a simple yield to maturity or a return...
SEBI’s proposal to scrap the entry load when people invest directly in mutual funds is laudable. The direction of thought is correct because it is the investors who eventually make up the mutual fund industry and anything that helps them is good for the industry as well.
It would perhaps be even more logical to scrap the entry load altogether. There is something very wrong about an entry load...