Are there too many schemes in the mutual fund industry? Well it can be argued till the cows come home. Value fund, growth fund, large cap, mid cap, mid and small cap, large cap value, mid cap value, large cap growth, opportunities fund, special situations, price-earning ratio fund, equity biased balanced fund, debt heavy balanced […]
There are many ways of getting rich. The quickest way is to sell something that you can buy for Re. 1 and sell it for Rs. 500. Then create a sales force which sells it for a 10% commission. The better the quality of sales force the greater will be your profits. The more such […]
Year: 2009 Month: July Mr. C B Bhave abolishes mutual fund loads. This event of abolishing loads by SEBI (on the mutual fund sales) there is increasing pressure on other regulators to reduce charges / fees. So the following scenario can emerge: IRDA has decided that all life insurance products – term, unit linked insurance, […]