Funds, at all cost

Mutual funds are trying to get funds at no cost. It is an attempt to get money at all costs

HDFC Mutual and Templeton Mutual funds are waiving entry and exit loads for Foreign Institutional Investors (FIIs), to attract money from them. FIIs and their sub-accounts can invest in Equity, Top 200, Capital Builder, Growth, Premier Multi-Cap and Core & Satellite funds without paying entry and exit...

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  • Too Dynamic for Comfort?

    Looking for some thrill? A roller-coaster ride in an amusement park would be a cheaper and better alternative than this fund

    Mutual funds are getting more daring, coming out with schemes that defy all logic. ING Vysya has launched a three-year close-ended fund that will churn its portfolio, try its hand at market-timing, trade in derivatives and change its equity exposure at will. Strangely,...

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  • Another Gold Fund

    DSP-Merrill Lynch has just filed an offer document to launch a mutual scheme that would invest in gold-based exchange traded funds. It becomes the third fund house after UTI and Benchmark to seek permission to launch gold funds. The fund idea is novel but would it make sense to go for it as and when it comes to raise money? DSP Merrill Lynch’s `World Gold Fund, benchmarked against FTSE Gold...

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