In your interest.
Online Personal Finance Magazine
No beating about the bush.
Distributors and financial planners encourage you to buy NFOs. Their advice is against your interest. Here is why
The year 2007 has been a quiet one in terms of new fund offers (NFOs). The previous year saw a record number of NFOs hitting the deck. If we look back, it is obvious that there is a correlation between the state of the markets and the number of NFOs getting launched. The moot...
Lotus India is launching a fund that resembles a hedge fund in terms of risk. How did the regulator allow it?
Lotus is launching a new fund that is amazingly daring in its investment strategy. Innocuously called Lotus India Equity Fund, it is just a wrong product for ordinary investors for a variety of reasons. The scheme will follow a focused stock selection approach. This means concentrated...