Mutual Fund Pointer - Baby Steps
Reliance Mutual Fund has filed an offer document of an exchange-traded fund (ETF) called Reliance MSCI India Exchange Traded Fund. It is an open- ended, index-linked scheme tracking MSCI India Index. It will be traded on the stock exchanges.
 
Why is this an important move? Fund management companies sell their prowess of stock-picking. They claim to know what to buy and when to sell...
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The Joy Of Being A Child

Aditya Kshirsagar writes about an NGO at a Mumbai suburb that is giving slum children a better life

Vijay Karande, founder of the Social Development Centre (SDC) and Dreamz Home, gives a literal meaning to the proverb, ‘if wishes were horses, beggars would ride’. A child being made to beg is an everyday sight in Mumbai—but the discovery that children were rented out for Rs125 to Rs200 a day...

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Losers’ Game
On saving and investing prudently,explains why and how investors lose in IPOs

I wonder why retail investors are lured to IPOs like moths to a flame. Is it a new set of investors? Or are they the same who have forgotten the lessons of two years ago? Or do they think ‘it is different’ this time around? In any IPO, the investor is fighting a losing battle against a deadly combination of...
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