In your interest.
Online Personal Finance Magazine
No beating about the bush.
Fidelity Forward India Fund is a run-of-the-mill idea from a fund house with a very average performance
Fidelity has filed a draft prospectus for Fidelity Forward India Fund, which is a plain vanilla equity diversified fund. It will invest in the same set of instruments as any other equity fund – equities, warrants, convertible instruments, government and corporate debt and money market...
Many funds were sitting on loads of cash before the big rally
One of the key tenets of mutual fund management is to stay fully invested – or almost fully invested – at all times. This idea is in turn derived from another belief of the fund management business. Fund managers argue that you simply cannot time the market – entering and exiting what you think are opportune times. The market will...
UTI is merging schemes, but for whose benefit?
Unit Trust of India has been in the business of mutual funds for decades now. Through these years it has come out with over 90 schemes, of which 29 are equity-related schemes. It launched UTI Infrastructure Advantage Fund in January 2008 just before a horrific bear assault hit the Indian market that has decimated the Sensex by 60%. However, with...