When the mutual funds direct option was introduced, the media started making noise about direct investments. Currently it is only the big corporates which has gone direct – and a few well informed investors. The numbers are not adding up the way the media thought it would. Let us look at the logic of […]

Attended the Cafemutual Confluence – it is still going on – and I am posting from the venue. The first round was the fund manager round which was chaired by Vivek Law and the speakers were Naren Sankaran, Prashant Jain and Anoop Bhaskar. The problem with such an august panel is most people are intimidated […]

In the Indian context the mutual fund is structured as a limited company (called the fund house). The sponsor of the fund (for example Hdfc Ltd. and Standard life in the case of Hdfc mutual fund) creates a TRUST to OWN (legally) the money and supervise the managers. This job is specifically handed over to […]

Let us get the basics right. Really right. YOU, are the owner. The MUTUAL FUND is the manager.  Read it again. And again. And again. When you have money to invest, you go to a mutual fund and ask them to invest the money ON YOUR behalf. What are the assumptions that a MUTUAL FUND […]

In every Mutual Fund class of mine…I have said ‘a fund is managed professionally’ . Professionally as in that the fund manager receives a fee and is not managed like a proprietor (like say how a Rakesh Jhunjhunwala would manage his own money). Many people used to think ‘professional’ meant opposite of amateur – and […]

I invested Rs 1 lakh via monthly SIPs of Rs 4000 each in XYZ Mutual Fund (Equity: Large & Mid Cap) starting from Jan 2010 upto Jan 2012. (This was my first SIP investment at the age of 27 years. I’d started reading Subramoney.com  some 3 months prior to that, which was how I got […]