COIMBATORE: The continuous upswing in the markets has brought the net asset value (NAV) of many mutual funds in the equity diversified category above Rs 10, a price at which new fund offers are available in the market. Of the 270-odd equity MFs, 61 funds whose NAVs plunged to single digi…
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Mutual Funds To Build Your Retirement Corpus
Posted on: May 21st 2009 in Stock Views.
Recently-introduced New Pension Scheme (NPS)from PFRDA India has generated a lot of interest among people about retirement planning—especially among those employed in the private sector without a pension cover for retirement. Consultants say most queries about NPS often turn to question…
Mutual funds back in action as stocks surge
Posted on: May 6th 2009 in Market News.
MUMBAI: The fund industry, forced to hibernate for a better part of the past year, are now back in action as a sharp surge in domestic shares revives hopes for a pick-up in flows into profitable equity assets. …
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