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...
While dealing with brokers, don’t lose sight of the principle of ‘buyer beware’, says Sucheta Dalal. Your chances of winning a dispute with them through the arbitration process are low
Individual investors who are compelled to rely on industry-run securities arbitration to resolve their claims against stockbrokers are winning fewer cases and recovering less money in the process, concludes a...
The market is sitting on the fence and will take some more time to make up its mind whether to move into bull or bear territory
The dollar has been falling against the rupee since August last year; sometime after March 19 this year, it went into a free fall - from Rs44 to Rs40 in a few months. On worries that earnings of software firms would be hit, software stocks fell sharply. This could...
