In your interest.
Online Personal Finance Magazine
No beating about the bush.
Put your money in a liquid fund and wait for the correction
The year 2006 has been a smashing year, with corporate performance exceeding analysts’ expectations by miles, thanks to supply constraints which have transferred the pricing power in favour of companies. An industry like cement, which no one wanted to touch a few years ago, is on a roll. Cement companies now expect to recover the...
The record of Indian
Mutual fund schemes go under many names and categories. But no matter how you look at it, essentially, you can break them into those that invest in debt paper, in equities or in a combination of both. Look at the category commonly called “Income” funds. They are touted as a “safe” haven investment vehicle, with a steady return and low risk to principal.
Funds encoureage churning to meet targets while the incentive to sell insurance is too high
Recently, I met a friend who is in the business of distribution of mutual funds and life insurance. We were discussing issues relating to selling of both and some interesting facts emerged. During a recent NFO, the regional sales head suggested to my friend that he make investors switch from existing...