Hand of Randomness

Another financial year has ended, and there aren’t many positive signals in the market which is gripped by high volatility. How have mutual funds performed in the year which saw the launch of many new funds and the arrival of new fund houses in the Indian market? Out of the 229 equity-diversified funds on offer to investors, 77 are either new or institutional plans. Among the remaining 152,...

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Akkal Pe Control

I applied for Life Saver Plus and Life Shield of Aviva on 9 November 2007. The medicals for both the policies were done on 9 November 2007. The Life Saver Plus policy came into force on 28 November 2007. The Life Shield policy was not enforced till 4 January 2008, despite repeated reminders. On 8 January 2008, Aviva informed me in writing that my Life Shield policy was declined. It gave no...

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Conversion Issues

I am a senior citizen. My wife Meenakshi and I applied for the infrastructure fund on 15 December 2007, opting for the conversion of US64 Bonds that we hold. We have not heard from the registrar about the fate of the application, despite regular follow up. Please help me in getting my problem redressed. I was earlier a victim of Unit-64, which is now US64 Bonds, and am now again trapped.
R...

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