Investing in Mutual Funds – Dividend or Growth Option?

In most mutual funds schemes an investor can choose what s/he wants to do with the profit made on his investments — get it in hand (I mean bank account) or plough it back into the mutual fund scheme. Just a few days ago I was asked this question by a friend — which option [...]

Author: Austin Comments: 0 comments Date: 18 Apr 2010 More: Read more
Categories: Mutual Funds Tags: , , ,

Save entry load on SIPs

Beginning August 1, 2009, the Securities and Exchange Board of India (Sebi) has said, there will be no entry load for any mutual fund scheme and the upfront commission to distributors will be paid directly by the investor. Did you know you could be still paying an entry load even after Aug 1, 2009? Here’s [...]

Author: Austin Comments: 0 comments Date: 15 Aug 2009 More: Read more
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9 tips on how to select a fund

  photo by seven_null7 1. Don’t just blindly buy what the financial advisor sells you. See if the stocks the suggested fund invests in are relevant and missing from your portfolio. 2. When a scheme’s return have run up too fast, it’s time to exit and not enter a scheme. 3. You don’t have to [...]

Author: Austin Comments: 1 comment Date: 6 Jun 2009 More: Read more
Categories: Mutual Funds Tags: ,

Stop Paying Entry Load, Go Direct

photo by coloros In January 2008 SEBI abolished entry load on Indian equity funds if you’re investing directly. However, it is mandatory to pay an entry load of 2.25 percent if you transact through intermediaries, better known as distributors who take this charge to service investors. Suppose you are investing Rs 1000 and the NAV [...]

Author: Austin Comments: 3 comments Date: 4 Oct 2008 More: Read more
Categories: Mutual Funds Tags: , , ,