I recently read a small (about 80 pages) report on the Indian mutual fund industry. Most of the facts were well known, but still some were surprising. Here is a small summary of what I found interesting (the whole report is): This was a market survey of 750 investors, 850 Independent Financial Advisors, and 40 […]
I had put this invite in the month of April /May of 2008. This event will be repeated in May / JUne of 2009 also – hopefully year on year every year….read on…. June 7 and 8 (2008) Nehru Centre, Worli, Mumbai, India will see an unique event for the retail investor. Many fund managers […]
When the guy/ girl selling “financial planning solutions” comes to your house and you happily part with the cheque is it her fault for asking or your fault for giving? This is a question I would like to ask all people who complain “I have been mis-sold to”. It is ridiculous that suddenly a retired […]
Which is a good product to take? Mutual fund + term insurance or unit linked insurance plans? Well it depends on the knowledge level of the buyer, and the smartness of the salesman (in India calling people who sell also financial planner is a regrettable fashion statement). Well, let us take a case of you […]
What is wealth? And what is having a wealthy mindset? I could have easily adopted the text book method of defining wealth – and there are many available. Instead let us look at mindsets. It starts from the basic question of “Why do we borrow?” Most of us will today not need to borrow to […]
The long awaited Mutual fund guidelines are here at last. However it is still very sketchy and full details are awaited and will come hopefully in the coming week. Even at this stage it is a welcome move and good first step for the end customer. Existing MFs can launch the REMF schemes, provided “they […]
I could have easily adopted the text book method of defining wealth – and there are many available. Instead let us look at mindsets. It starts from the basic question of “Why do we borrow?” Most of us will today not need to borrow to buy a VCD or a television (did you note we […]