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...

ML: Where are mobile radio, Internet and satellite radio headed?
Prashant Panday: All of these have good scope for growth in the longer term. In the short and medium terms, I don’t think they are going to become a ‘mass media’.

ML: Currently, Indian radio advertising industry accounts for 3.2% of all advertising revenues. That number is projected to increase to 4% over the next five years....