No clue how the market will react to this news of Fidelity being taken over by L&T Mutual Fund! I have had a couple of calls from investors in equity schemes who may pull out their money. However Fidelity has a lot of institutional debt which may not panic from this change of management. It […]
If a company declares a dividend and the customer does not claim it what happens? Well it gets transferred to the Central Government. What happens in case of a mutual fund where the investor has died and the family does not know about it. Well, er, the fund keeps it. Well technically I may be […]
When you went to redeem your units did you get a feeling that they were trying to stall your redemption? 3 mails which I had received made me sit up and think. Is there a pattern, I am not sure. However even when i have attempted redemption I have got the following reactions: – You […]