SEBI has shot off show-cause notices to insurance companies, unmindful of the fact that they report to another regulator

While itself under a cloud over the ill-planned decision to scrap entry-loads on mutual funds without a proper roadmap for implementation, SEBI is now stirring up the insurance industry over their unit linked insurance plans (ULIPs). ULIPs are, indeed, a controversial...

Banks are devising new ways to gouge money out of retail investors after SEBI’s decision to ban entry-load for MFs

The Securities and Exchange Board of India’s (SEBI) no-load decision is turning into a bonanza for banks. They are devising new ways of gouging money out of retail investors. Axis Bank’s newly launched equity mutual fund was unique in many ways, say large investors. Determined...

Without a dramatic shift in policy-making, a dwindling retail investor population will be the trend of the decade

India has entered the new decade brimming with all the confidence that comes from being the world’s second-fastest-growing economy and a preferred destination for global business and portfolio investment. The world, correctly, sees us as a giant potential market, given our large...