1) The statement of account(SOA) should be standard format for all Funds giving clearly dt of Investment, Amount invested, Unit balance, All types of Charges, Top 10 holdings, Average AUM of the Scheme, Percentage of Retail investors, Recent Fund Performance vis-a-vis Benchmark and its peer group.Fund Managers Name , his experience, Percentage of illiquid stock, NPA's/roll overs in case of debt holdings. 2) The Mf industry has suffered loss of faith and confidence amongst small investors mainly due to unncessary churning, Mis-selling by few Banks and National distributors. The commission structure for this channel of distribution should be minimum and for the genunine Independent Financial Advisors (IFAs) should be higher. Currently the structure is biased towards banks and National distributors who are doing great harm to MF industry by mis-selling and ill advising small investors for their own selfish short term gains. 3) Commission shud be such that the Investors, AMC and distributor all benefit. The commission shud be minimum for 1st year,higher fr 2nd, 3rd year and shall continue to remain same for as long as the investors stays in the Fund. 4) Cheque writing facility for Mf redemption. Investors should be able to make payment by issuing a cheque to anyone directly from his Mf holdings. Currently he has to redeem units, get the amount in his bank and then issue a cheque, similarly ATM facility to withdraw cash directly from his holdings shud be considered.
INVESTING IN MUTUAL FUND IS LIKE GIVING YOUR BAT TO SOME ONE AND YOU WATCHING THE GAME….. MIND IT THE RUNS MADE ARE NOT YOURS……… AND OFCOURSE HE WILL RETURN YOU THE BROKEN BAT……….. AT THE END OF THE GAME…….
Re: PLAY SELF
by Samsung on Apr 27, 2010 11:39 AM
In a bull marked anyone can make money. But mutual funds are for smaller investors or for investors who are not savvy. Investing in long term can cetianly give good returns too. It is alway better to allocate some to equity, debts, FD's, mutual funds gold and real estate. Experts please share your views. Thanks.
Re: PLAY SELF
by Sameer Agrawal on Apr 09, 2010 03:05 PM
well, my dear its like if u dnt know how to bat, then giving ur bat to some experienced player and asking him to bat on ur behalf. being experienced, the chances of him scoring more runs are higher.. but ya, he can also get out..
Re: reg-mutual fund
by Mahadevan Subramanian on Apr 12, 2010 12:04 AM
Almost all mutual funds allow investments to be made online. However all of them require a paper application to be submitted the first time an investment is made. Subsequent investments in the same scheme or any other scheme can be made online.
For a type of schemes called Exchange Traded Funds, demat account is compulsory. However these are very few in number and the more commonly invested schemes do not need demat account.
The housing industry has many skeltons in it's cupboard which need to be demystified and exposed . The builders BMC local babus Police are making lot of money and prices are being driven over the roof .
Why does not Govt. set up a high powered regulatory body to regulate the housing sector .