For those who are seeing just this part, please see part 1 (the problem), part 2 (the solution and the explanation given by X -the Amc) and then come here (the client’s epic response). A is the name of the Investor, and X is the name of the Asset Management Company. Read on… X’s response […]

Since I published Mr. A’s summary of what happened, I thought it was just fair to let the Mutual Fund house to give its side of the story. I seriously wish they had given a better reply, but they have given some reply. I am not judging the reply, nor am I commenting on its […]

There are a few important questions to ask BEFORE you accept your Relationship Manager’s (or Advisor’s) suggestion to invest in a mutual fund or life insurance policy: Is the person selling you this product qualified, and licensed to sell this product – and when was the license first obtained. Even for a minute I am […]

This is the experience of a big, well informed, articulate, tech savvy investor. Now imagine if a 78 year old investor with poor communication skills went to a Mutual fund (sahi hai) to redeem his units and he was told “your units are pledged, go take a walk” – what would have he done? Read […]

Last week Sensex fell by 1939 points – one of the biggest falls in absolute terms, but under 4% – that is a big number, but not the biggest fall. When you think in percentage terms, this is really not much. Last week Sensex fell by 1939 points – one of the biggest falls in […]

Prashant Mahesh is a Journalist with about 2 decades experience and has a good grip on the Mutual fund industry. He said “One big advantage of a mutual fund is that for Rs 5000 also you get a 25 year plus experienced fund manager (Sankaran Naren, Prashant Jain, Anand Radhakrishnan, Mahesh Patil and many more […]

As a parent one very important thing we need to do is to ensure that our kids know what are the things that they ought to know. While the education systems gives them some skills the following are surely missing – a) basic life skills – nutrition, cooking, personal finance, fitness b) basic life skills […]