In your interest.
Online Personal Finance Magazine
No beating about the bush.
The first international sector fund is here. Is it worth buying?
Every fund house is launching a gold fund, mainly an exchange-traded fund (ETF). As we mentioned earlier, DSP Merrill Lynch has a different approach to this category. Its draft prospectus had mentioned that it would invest in gold fund of funds. It now appears that DSP Merrill Lynch World Gold Fund (WGF) will put money mainly in...
A high-risk scheme with CRISIL Liquid Fund Index as its benchmark!
It’s all very fine for the market regulator to dash off a letter to MoneyLIFE on behalf of fund companies coming out with mis-labelled schemes, but the supply of funny schemes from the fund industry looks endless as the MoneyLIFE fund analyses have been pointing out. To that long list, here is the newest addition, one just...
These funds have negligible public participation. Yet, the regulator allows these to remain in the public domain!
Mutual funds are meant for the public, just as listed equity shares are. But while listed companies have to ensure a minimum public participation, mutual funds are exempt from it. This is bizarre but true.
If the public holding of shares falls below a certain percentage, a...