In your interest.
Online Personal Finance Magazine
No beating about the bush.
UTI is merging schemes, but for whose benefit?
Unit Trust of India has been in the business of mutual funds for decades now. Through these years it has come out with over 90 schemes, of which 29 are equity-related schemes. It launched UTI Infrastructure Advantage Fund in January 2008 just before a horrific bear assault hit the Indian market that has decimated the Sensex by 60%. However, with...
Small- and mid-cap stocks are shooting up; not the schemes that aim to take advantage from their rise
A strong global rally, declining inflation rate, interest rate cuts and positive signs in global economic data after several stimulus packages have ensured that the Indian stock indices have remained buoyant, for more than six weeks. Most of the mid- and small-cap stocks were on a rampage as...
We had asked you to avoid SIPs in late 2006. We are suggesting that you buy them now but in a different way
In the MoneyLIFE issue of 14 September 2006, we had pointed out that using the systematic investment plan (SIP) is bad for your wealth. SIP is a planned investment programme under which a small amount is invested in a mutual fund at regular intervals such as every month or every...