Here is a cut paste from the SEBI circular of what happened at their meet today: In order to help Mutual Funds penetrate into retail segment in smaller towns, the distributor would be allowed to charge Rs. 100 as transaction charge per subscription. No charge can be made for investments below Rs. 10,000. An additional […]

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Are interest rates going up or going down? Very this is a trillion dollar questions at all points in time is it not? Well I did put in some money into the SBI bond issue – and was pleasantly surprised to see the limit was raised to Rs. 500,000 per application in the retail segment. […]

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