In your interest.
Online Personal Finance Magazine
No beating about the bush.
Will mutual funds now actually search for and know their customers?
The Securities and Exchange Board of India (SEBI) has barred the funds industry from charging upfront fees for selling fund schemes. The idea is to force distributors to actually serve retail investors. But what would be the impact of this on fund companies?
The mutual fund business is structured in a strange fashion....
ICICI Prudential has filed an offer document to launch two index funds. One of them is ICICI Prudential NiNJA (Nifty and Nifty Junior Advantage) Fund. It’s a hybrid index fund which will put a part of the money in Nifty stocks and another part in Nifty Junior stocks. It will actively manage the allocation between the S&P CNX Nifty and the CNX Nifty Junior indices while maintaining the...
In the recent rally, only 63 of the 195 equity diversified funds could beat their benchmarks. This is because funds often do exactly what they ask you not to do. How have they flouted their own sermons this time? Can you reap the benefits of fund investing while avoiding their sins? Debashis Basu shows how
Millions of literate people have no idea about stocks and markets and, therefore, are...