SEBI is re-looking at fund regulations. Here are some changes that would benefit investors

The mutual fund industry is now pausing for breath. Unfortunately, after a runaway growth in equity assets over the past two years, the focus has now shifted to ephemeral products like ‘Fixed Maturity Plans’ (FMP), in the rat race to garner ‘Assets Under Management’ (AUM). Today, virtually one new FMP...

The market continues to struggle to find a direction

In my previous column (titled ‘Nice While It Lasts’), I had said that while the main indices have run up by 23% on the hope that the government will put through “reforms” and the fall in oil prices will help. At the current stock prices, these factors are somewhat factored in; and, at best, we will get a move back and forth. “Specifically,...