In your interest.
Online Personal Finance Magazine
No beating about the bush.
Investors’ Grievances Forum (IGF), headed by former Member of Parliament Kirit Somaya, has alleged that mutual funds are illegally pocketing the entry and exit load that they levy when investors move in and out of their fund investments. Mutual funds profess to encourage long-term investments and so levy a charge when you buy and, especially, when you sell funds. Those who come in late are...