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Sunday, June 21, 2009 5:08 PM

What, No Load !!! What, No Load ???

SEBI has just decreed that Mutual Funds in India will not charge a load. And many Financial Advisors have concluded that the epitaph in their tombstone has just been carved in granite by SEBI. Having keenly observed and been an enthusiastic participant...
Posted by Harish Rao | 33 comment(s)
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Wednesday, March 18, 2009 10:04 PM

Wolf in Sheep’s clothing

In a major crackdown against misselling, the Insurance regulator, IRDA, has instructed Insurance companies to ensure that second and subsequent year premiums for ULIPs should be atleast 75% of the First Year (FY) premium. Background ULIPs (Unit Linked...
Posted by Harish Rao | 19 comment(s)
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Saturday, January 17, 2009 9:51 AM

Jeevan Aastha : What a bad idea, sirji

Few investment products have generated as much buzz as LIC's Jeevan Aastha has. This is quite a mystery as it is essentially a very mediocre product. What is Jeevan Aastha all about : a. Single premium policy from LIC b. Combines the benefit of a...
Posted by Harish Rao | 63 comment(s)
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