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...
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...
