I was pleasantly surprised today with my experience with the ICICI Prudential Mutual Fund web site, the PruTracker. I have multiple portfolios with ICICI as I used different vehicles to purchase their funds over the years. I had lost track of one folio and found it again in a CAMS report. This particular folio was [...]
Mutual Fund NAVs are often confused by new as well as old investors.
Mutual Fund Agent to Client: “The New Fund Offer (NFO) is priced at Rs. 10/-. It is Cheap! Buy! Buy! Buy!”
Mutual Fund Investor:
“Is it advisable to buy mutual funds with a high NAV?”
“Mutual Fund ABC has a high NAV of around [...]
Sandip Sabhawarl, a IIT Delhi graduate, won kudos with his management of SBI’s Mutual Funds, particularly the Magnum Contra and similar funds. Then came the Ketan Parekh and Padmini Technologies stock purchase from Triumph International. Sandip left SBI under a cloud and joined JM Financial Asset Management. The Mutual Fund industry and press reacted with [...]
There are tons or articles, on-line calculators etc for Mutual Fund investment returns. Most of these show you how much to expect after a fixed number of years for a fixed amount invested every month and giving the same fixed rate of return through out the tenure of the calculation. The result of such calculators [...]
Quantum Mutual Funds has added 6 more banks to it’s Invest Online module. Quantum is the first Indian Mutual Fund house to offer it’s funds completely online. When it launched it’s funds it refused to go the broker way and refused to pay any commisions. Even before the SEBI rulling that investors transacting directly with [...]
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