I do not know much about the other industries, but the financial services industry has a lot of interesting behaviour… The life insurance industry had a product called Classic Endowment Policy. This was a compulsory saving and risk cover product where the returns were a function of how well the fund was managed, how the […]

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For many investors “mutual fund form” means one single page that your Relationship Manager / IFA thrusts in front of you while you invest, correct? That is not so. A mutual fund form means a 30 page document – called “Key Information Memorandum” – this itself is an abridged version of the “Offer Document”. Of […]

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