In your interest.
Online Personal Finance Magazine
No beating about the bush.
The record of Indian
Mutual fund schemes go under many names and categories. But no matter how you look at it, essentially, you can break them into those that invest in debt paper, in equities or in a combination of both. Look at the category commonly called “Income” funds. They are touted as a “safe” haven investment vehicle, with a steady return and low risk to principal.
Funds encoureage churning to meet targets while the incentive to sell insurance is too high
Recently, I met a friend who is in the business of distribution of mutual funds and life insurance. We were discussing issues relating to selling of both and some interesting facts emerged. During a recent NFO, the regional sales head suggested to my friend that he make investors switch from existing...
It is not easy to create proof of identity and address that are acceptable to banks, brokers, SEBI and other regulators quickly.
For the common person, the most dreaded thing today is Know Your Customers or KYC. For every kind of financial transaction, whether mutual funds or stock trading or even opening a bank account, one has to produce a proof of identity as well as proof of address. In a...