In a country where English is spoken only by the elite, SEBI has done another very unnecessary thing. However, I am not criticising the regulator, just stating the facts. SEBI in its wisdom decided that all mutual fund accounts in which there has been no activity for the past 6 months will be called […]

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Over the past few years that the mutual fund industry has existed it has not grown as much as people would like you to believe it has. There are about 800 schemes – equity / predominantly equity schemes. If  you sort the folios PANCARD wise, I do not think there are more than 100,000 reasonably […]

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