In the Indian context the mutual fund is structured as a limited company (called the fund house). The sponsor of the fund (for example Hdfc Ltd. and Standard life in the case of Hdfc mutual fund) creates a TRUST to OWN (legally) the money and supervise the managers. This job is specifically handed over to […]
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WROTE THIS IN 2013 July. Not long ago (1993) we saw the death of the jobbers, the small sub-brokers, the persons who would do share transfer by filling in the transfer forms…. Then it was the turn of the small brokers…the cost of compliance, salaries, IT, ….coupled with lower margins in the business. The big […]
Well it works in advertising. Convincing you that if you drink the same cola as Sachin Tendulkar you will become SRT, or driving the same car as Shah Rukh Khan will make you Shah Rukh. Well, if you still think so, you will not. Let us see some Retirement planning myths: 1. I can start […]
Let us get the basics right. Really right. YOU, are the owner. The MUTUAL FUND is the manager. Read it again. And again. And again. When you have money to invest, you go to a mutual fund and ask them to invest the money ON YOUR behalf. What are the assumptions that a MUTUAL FUND […]
Yes you read it right. This is a great time to be in the BFSI space – Banking & Financial Services Industry. Yes I know you are going through a tough time. Clients are not buying ULIPs , not even mutual funds, most people above the poverty line have 5 credit cards….. Why am I […]
I just got a fantastic job offer from Hyundai….what a brilliant new phishing trick…do take a look! READ THE FAKE OFFER: Hyundai Motor India (HMIL) Head Office Address : A-30 Mohan Co-operative Industrial Area Phase-1 Mathura Road New delhi : 110044 Delhi ,India . Email: office@hyundaimotorslimited.co.in TEL: +919599947136 (10:00 AM TO 5:30 PM) REF: ” […]