This week had some interesting events…. – a friend was offered a 30% discount on a retail purchase of a flat in one of Mumbai suburbs – a lovely property belonging to Hindustan Unilever Ltd. did not find any buyer in an auction – at Worli – one girl was killed in Delhi by a […]
‘Surprisingly even mutual funds are judged by their size, not by their performance’ – why is this so asked a student. This is a good question – and therefore difficult to answer! This is like going to a doctor because he drives a Mercedes benz. He earns well is for sure, but does it mean […]
There are some loose cannon balls out there at the regulators place who are hell bent on letting blood flow… The mutual fund industry in India was anyway a top 8 cities, institutional phenomena. However the retail portion was serviced by a huge army of advisers and employees of AMCs. You should meet the Indian […]
I have written a lot of obituaries for the Indian mutual fund industry….let us see what an American Investor pays for investing in a mutual fund. Most American investors go through a Broker-Dealer or a financial planner who acts as a B-D. Forget the myth of a fee-based financial planner – he is as difficult […]