SBI’s new fund will trade in and out of the market to protect your capital! Hope that sounds as odd to SEBI as it does to us

Lemming-like, fund houses are filing prospectuses of capital protection schemes (CPS). Tata, SBI, UTI, HSBC, HDFC, Reliance, Kotak and Birla Sunlife have all filed draft applications to launch their versions of CPS. On paper, these schemes would protect capital by...

ML: Where do you see the interest rates headed now?
AN: he international scenario seems to be fairly favourable;...

We have argued earlier that the FII tag is being used by many dubious entities. Here is more evidence

In one of the many trial balloons floated through the media during the run up to the Budget, we are told that the Finance Ministry plans a “big bang” approach to capital markets that could include scrapping the registration process for foreign institutional investors (FIIs). According to...