Hi Students of the Graduating class of 2010, Here are some lessons which I wish somebody gives to all graduates. It does not matter whether you are a CA, MBA, a doctor, Engineer or a plain graduate. These lessons are the basics of finance which is nice to know and MUST to implement. Let us […]
The number of people who advise investors to invest in Index funds is now increasing. Of course many of them are victims of the Great American media program. As long as Prashant Jain, Naren Sankaran, Nagnath, Sukumar are managing funds for me for a 2% fee why should I ‘index’ my portfolio? There are many […]
If you have grown up in an Indian metro chances are you are dealing with a lot of government run or supported institutions. People do not like or in most cases do not trust those institutions. A bank statement has to be checked regularly to see if some new charges have been added, given a […]
Caller: Hello Mr. Subra…may I come to see you? Me: Sure..what is it regarding Caller: a mutual fund NFO Me: You know my stand…why are you even THINKING of coming…? Caller: No sir need a favor… The caller is a small time mutual fund and other financial products distributor who does some general insurance, life […]
This is an email from a friend / reader …. His name: Rajendra Shah: Hi Subra, A few years ago when I asked you where to invest you suggested Hdfc Prudence fund. To be precise this was in the year 2005. Now 5 years later again you are telling me to invest in Hdfc Prudence […]
The mutual fund industry has seen a big fall in the assets under management – you can google for the numbers. These have been caused by a combination of reasons – advance tax payments, new debt instrument valuation norms, equity redemptions….the industry itself is shrinking perhaps? What really beats me is the legitimate earnings in […]
There are many problems facing the mutual fund industry…in an interview with Dhirendra Kumar of Valueresearchonline.com Mr. Sinor of Amfi says “the biggest problem facing the mutual fund industry is the mis-selling by the distributor”. This is a little amusing. The insurance regulator and Sebi regularly make noises about mis-selling, however Amfi and the Life […]