The NSDL (the unregulated capital market player?) proudly claims that there are 1 crore demat accounts in the country. Funnily once upon a time (to avoid TDS) it made sense to create multiple folios (also if you wanted coupons for buying dhotis – Century, watches – Titan, ..) etc. So in one house with 4-5 […]
I rarely watch TV…but today morning while flipping channels I saw one Business (read: Markets) channel covering the MCX-SEBI fight… the Anchor asked the journalist covering the incident ‘How do you think will be the REGULATOR’S FACE OFF? Ma’am MCX is likely to be a stock exchange…not a regulator. And the journalist used the words…’adapt’ […]
The number of people who advise investors to invest in Index funds is now increasing. Of course many of them are victims of the Great American media program. As long as Prashant Jain, Naren Sankaran, Nagnath, Sukumar are managing funds for me for a 2% fee why should I ‘index’ my portfolio? There are many […]