In your interest.
Online Personal Finance Magazine
No beating about the bush.
As the cash levels of funds in December 2009 bear out, more than 90% of fund managers failed to take a timely call on the market sentiment to protect investor returns
Since mid-November 2009, the market has struggled to continue the rally that started in March of that year. From the low of 15,331 it had sunk to on
3rd November (following fears of monetary tightening), the Sensex quickly...
Religare Asset Management has recently launched its gold exchange-traded fund (ETF) called Religare Gold ETF. Gold ETF is a paper asset designed to track the gold price. You can get rid of the problem of holding physical gold. But is gold a good asset to buy? Nobody really knows that. It has already jumped manyfold over the past nine years. It may be time for gold to go down or sideways.
Essentially, the Indian mutual fund industry is driven by 39 key stocks!
India may boast of the one of oldest stock markets and also one of the most active stock markets in the world, but fund managers find it hard to pick stocks. When we pulled out data on all the stocks in the portfolios of 203 equity diversified schemes as on December 2009, guess how many stocks we found? Just 659....