For all those who have been reading about how badly the mutual fund industry, life insurance industry and the banking industry are suffering….please look at the results of all the banks! – Icici bank was more profitable because of the Rs. 350 crores from the life insurance arm – Hdfc mutual fund is the biggest […]
So now the mutual fund industry can sell its units abroad…and the limit is US $ 10 billion. Fairly obviously the media is excited (they need to do ONE story a day you see). 3 Journos tracking the industry wanted to know ‘what impact will the inflow of US $ 10 billion have on the […]
The CII summit on the mutual fund industry was a welcome relief to the Mutual fund industry which was anyway in the shambles. Actually when you are on the ground it is perhaps difficult to kick you also – sharanagadhi has its advantages! The current SEBI chief has asked the mutual fund industry to come […]
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 […]
I was so amused at a suggestion that Rs. 100 will be paid as a one time transaction cost for some select mutual fund agents, that I have no clue how to react. Yesterday 2 media companies wanted to know how it would work. I said I have no clue – will they pay Rs. […]
What is happening in the mutual fund industry? Well it is a little funny. Most of the fund houses are not getting any money in their equity schemes. A few schemes which are doing well are able to get some money – which is customer driven. A 15 month SIP in a good scheme would […]
Arjun Parthasarthy – i think used to be a debt fund manager with IDFC mutual fund, and I have spoken to him a couple of times, long long ago. Now he runs a website www.arjunparthasarthy.com – I have not yet visited the site, but I found an article in DNA money authored by him. In […]