Nothing Contra About Them!

We had suggested that being a contrarian is not always a virtue. Contra funds are a fad and we did suggest that you do not get carried away by the glib marketing strategies of fund houses. We have been right so far, as the performance and stock picks of contra funds show. A detailed analysis by ML Research Desk
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Early readers of MoneyLIFE would recollect our warning about contra funds in...

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Disbalanced Funds

How did the Balanced Funds do in the first quarter? Disastrously. Here is why you should avoid them and how you can create your own balanced funds. Analysis by ML Research Desk

The Indian market has been suffering from huge volatility in the first quarter and steady market gains on the back of cash flowing in from abroad are over for now. It is at times like this, when the sea of...

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Citibank Ditches Cardholders

It has been brought to book by RBI, in a pathbreaking

On 23 June 2006, Anirudha Datta received a rather curt sounding email that read as follows: Dear Customer, This is with reference to the "Fly For Sure" offer extended on your Citibank Card. We would request you to contact the local CitiPhone number mentioned below and provide us with your final travel preference. Please note that you...

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