In your interest.
Online Personal Finance Magazine
No beating about the bush.
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...
Even with generous tax benefits, bond funds don’t beat bank fixed deposits by a wide margin
Indian stocks may have delivered great returns over the past five years but a lot of people are still wary of investing in stocks. They don’t want to take the risk. They want to buy bonds or put money in bank fixed deposits (FDs). These are the two main avenues for fixed-income investments. Everybody...
A recent summit of mutual funds (MFs) generated a plethora of ideas on the future of fund industry and how it can grow. Many of the ideas are self-serving; others smack of ignorance. Here is selection of views aired at the summit and our comments
If the MF industry relies on corporate money and then claims that it has a large corpus, it is a mistake. Importance of...