In your interest.
Online Personal Finance Magazine
No beating about the bush.
The first fund by a foreign fund company has completed 15 years. It has not been a memorable run
In 1994, investors stood in long queues to put money in the first fund launched in India by a foreign fund management company – Morgan Stanley. The foreign name was a big draw, as was the 40%-60% premium for units in the grey market of Rajkot and Ahmedabad, allegedly rigged by the famous merchant...
Without some sense of when to buy, you will get poor returns and evenlose capital invested in a fund
One of the key tenets of the fund industry is that it is impossible to time the market and, therefore, you should remain invested through ups and downs, through thick and thin. Wrong advice. One, the idea is self-serving. Fund companies make money on the assets they collect from you. Their...
The worst time is when they are offered as lollipops
The business of mutual fund industry rests on a strange paradox. Investors should buy funds when the market is down. But they don’t – for a variety of irrational factors. So, fund companies don’t have much of a choice in when to launch funds. Fund companies are able to make new fund offers only when the market has been on a strong uptrend...