After introduction of Direct plans in mutual funds few fund house like ICICI – Prudential mutual funds tend to increase the exit loads & increased exit load up to period of 18 months for selected equity schemes. Under such scenario where most of the mutual funds are trying to retain the investors for longer period…
Mutual Funds – While Investing In Name Of Minor
Just have a look at the incident Few months back Rajesh invested in mutual funds in the name of his minor son.Of course he paid through his bank account & his bank account get registered for the folio.Now recently after having some good appreciation he decided to redeem mutual fund & submitted the redemption request…..
Are You Dealing With SEBI Registered Adviser?
Its nearly a month now,SEBI has come with the regulations for investment advisers imposing certain requirements for individuals or firms to work as investment advisers. These regulations were published on Jan 21 , 2013 & will come in to force on 90th day from the date of publication. Summary of important provisions for Investment Adviser…