Swati Piramal is new president of Assocham

Swati Piramal, director of Piramal Healthcare, was elected president of Assocham on Friday. Piramal, who replaces Sajjan Jindal, was seenior vice-president of the industry body. Harvard-educated......

Beware! High returns are not always good

Higher returns on their investments are always a great lure for everyone. Beating the benchmark index is always a great inspiration for the investor. However, such instruments always have a high......

Index funds display poor 'track' record

Many index funds, which are supposed to mirror the performance of the underlying index, are actively managing their funds. No wonder, a lot of them are showing tracking errors of over 1 per cent......

'Freak trades' inflate MF schemes' NAV

When Deutsche Asset Management Company (AMC) listed its debt scheme - DWS Fixed Term Fund-Series 43 (growth option) - on the Bombay Stock Exchange (BSE) on April 4 this year, little did they know......