In your interest.
Online Personal Finance Magazine
No beating about the bush.
ICICI Prudential has filed an offer document to launch two index funds. One of them is ICICI Prudential NiNJA (Nifty and Nifty Junior Advantage) Fund. It’s a hybrid index fund which will put a part of the money in Nifty stocks and another part in Nifty Junior stocks. It will actively manage the allocation between the S&P CNX Nifty and the CNX Nifty Junior indices while maintaining the...
In the recent rally, only 63 of the 195 equity diversified funds could beat their benchmarks. This is because funds often do exactly what they ask you not to do. How have they flouted their own sermons this time? Can you reap the benefits of fund investing while avoiding their sins? Debashis Basu shows how
Millions of literate people have no idea about stocks and markets and, therefore, are...
Funds are hiking your exit barrier
One of the worst aspects of mutual fund returns is the cost you pay for the privilege of having your money ‘managed’. After all, the revenues and profitability of fund companies are directly linked to how much they can extract from you. They don’t make or lose money along with you. They make money, regardless of your returns. There used to be huge costs at...