[ad_1] The Association of Mutual Funds in India (AMFI) recently laid out guidelines for front-running and fraudulent transactions. The AMFI’s move, which comes nearly a month after SEBI’s nudge in response to front-running allegations against Quant MF, is an attempt to tighten regulations for better transparency. Despite the market regulator’s proactive role, mutual fund investors…
[ad_1] Khare initially connected with a Mumbai-based financial planner who was also a mother to an autistic child. This introduction to full-scale financial planning was a revelation, but the distance proved impractical. Read this | How this Mumbai couple rebuilt their finances after going bust “I needed an advisor I could meet in person when…
[ad_1] One of the key objectives of investing is to meet your financial goals. And if you have already achieved them, what should be your course of action? The standard response would be to redeem your investments and withdraw the money so that you can use the same towards your goals. However, this is not…
[ad_1] Behind the polished facade of India’s banking industry, a concerning trend is emerging: a growing number of bank employees are selling mutual funds without the necessary qualifications, putting customers’ hard-earned money at risk. To meet aggressive sales targets, branch managers are often pressured to push these products, even if their employees lack the required…
[ad_1] This isn’t just my experience; it’s a widespread issue that’s evident in the data. Take HDFC Bank, the country’s largest private bank, for example. In 2023-24, the attrition rate for employees under 30 was 34.7%. Most relationship managers fall into this age group, as they’re typically fresh MBAs, graduates, or individuals with only a…
[ad_1] If you are a retail investor and are exploring multiple mutual fund schemes to invest into, you are likely to examine the past returns delivered by the schemes across categories. Although the past returns do not guarantee a scheme’s future returns, they are still considered too important to be ignored. Here we scan through…
[ad_1] Tired of your mutual fund distributor ignoring your calls or providing subpar service? It’s time for a change. But unlike switching grocery stores, changing your mutual fund distributor (MFD) comes with a few complexities. If not done correctly, your old distributor will continue to pocket commissions from your holdings. Here’s how to ensure that…
[ad_1] Before you decide to invest in a mutual fund scheme, it is advisable to monitor its performance over a long period of time, say since the scheme was launched. And remember when the money remains invested in a mutual fund scheme over a period of time, the returns in the later years are disproportionately…
[ad_1] Mutual fund investors tend to compare the returns delivered by different schemes before investing. Usually, retail investors compare the returns delivered by schemes in the same category before opting for one mutual fund scheme over another. It is worth noting that wealth advisors typically urge investors to make an investing decision based on an…
[ad_1] Priti Goel, Founder & CEO, Prisha Wealth Management Private Limited, a SEBI-registered investment advisory firm talks about her journey, investment trends and her views on the impact of likely rate cuts by the Fed. Edited excerpts: As you are a new entrant to the investment advisory market, can you share a little bit about…
