It is not a total true. Some mutual fund manager and its team really performing well for delivering good returns from the corpus available with them of different investors.
Mutual Funds do have star managers. Which fund manager is not making good money ? Which Fund house is not making good money ? They work for themselves and are quite professional in that. We , the investors , are fools . Thinking they would work in our interest.
Re: MFs
by subra on Oct 06, 2013 05:44 PM
they are team managers to fool all the investors HDFC has 15% assured return or max fund value-both are below par.....
