July 2009 - Posts - Simple Equation

July 2009 - Posts

Will you pay a fee for Mutual Funds?

Posted by Harish Rao at 
Winds of change are blowing at hurricane speed in the Mutual Fund industry. From Aug 1, 2009 , investors would not have to pay any entry load in any Mutual Fund Scheme. SEBI has recommended that instead, they - the investor - would have to compensate their financial advisor a suitable amount for advisory services. This means that for every Rs. 1000...

The Big Bee

Posted by Harish Rao at 
So this was the Big B. Having to do an assignment non-stop till 7.00 pm, I got my first view of the budget at 8.00 pm on B Day. My first impression : The only Big B - Big Government. Anything named after Nehru, his daughter and her son was to get an increase of atleast 50% ! And in the present government, that just about covers everything from Roads...