The mutual fund industry is cribbing about there being no investments. Of course there are no investments. The industry has spent all its time pampering, requesting, cajoling the distributor. They have no direct communication with the investor. Do the fund houses need the distributor? Yes. What a tight situation, is it not? Has any fund […]
A friend had gone for an interview and she was asked… Interviewer: Why do you want to do this job? She: I wish to make a career here, learn and serve your customers to the best of my ability….. Interviewer: Bull. Complete bullshit. You need to pay the EMIs..so every morning you will start lying. […]
Question: I’m a 56-year-old teacher and my husband recently passed away. I own the home in which I live, but do not have a pension or any investments. All my monies are in public provident funds, national savings certificates, and bank deposits. However, I will receive Rs. 20 lakhs from my husband’s life insurance policy. […]
When the mutual fund industry was groaning about the ban on entry loads, the sounds seemed genuine, but not any longer! Why do companies start a mutual fund (big houses in other financial products) we assume they do this to earn money, correct? Well I am not so sure now. The latest giga offer I […]
I have a brilliant friend who has worked for many big and important media houses. He told me once – when he was heading a magazine – “I have made up my mind, please do not confuse me with the facts!”. This was when he was doing a story on mutual funds and unit linked […]