The stock market regulator's definition of large, mid, and small-cap companies has irked mutual fund managers, reports Samie Modak.
The MF Industry had a cash-rich 2014 as it crossed the Rs 3 trillion mark.
The KYC parameters now include declaration of the gross annual income or net worth.
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
'Debt mutual funds are a good option now because interest rates are coming down.' 'Retail investors must put a majority portion of your money in short-term debt funds (1 to 3 years) and only a small portion in actively managed dynamic funds.'
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
It boosts confidence to investors sitting on the fence.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
The Aam Aadmi Party (AAP) has to deal with 3 powerful enemies: the media, the political establishment, and business houses.
