Value funds have been doing badly of late. That is because in a growth environment, who cares for value? While they wait for re-rating, value funds suffer. Is there a way around this? Pick the better of the value funds and pick the better quality of stocks among them to create your own portfolio suggests Debashis Basu and Shailendra Lotlikar

Fund managers are smart stock-pickers with the...

“Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry”

Shakespeare wrote this in Hamlet. Luckily for the world, nobody listened; otherwise there would have been no banking services. Globally, the debt market is estimated at around $50 trillion! Surely, a lot of money is being borrowed and lent. In my lifetime, I have seen Indians...