SEBI continues to reward retail mutual fund investors. It slashed Entry load & now stops lower exit loads for big investors.
Yesterday I wrote about Mutual Fund Fees and included sample example of ICICIDirect and how you would pay more for SIP’s of amount 1000 and 500 …
SEBI has announced that no Mutual Fund house can deduct any amount as any kind of expense from the Investment done by the investor, knowingly or unknowingly.
When an investor burns his finger, he then come to a conclusion that investing is dangerous and then begins to take a firm decision of not returning towards it. However, within a short time, he loses his patience and then opts for other forms of investment.
An ETF combines the valuation feature of a mutual fund, which can be purchased or redeemed at the end of each trading day for its NAV, with the trading feature of a stock, which trades throughout the trading day at prices that may be substantially more or less than its net asset value.
An investor who may like to invest in banking stocks presently will be limited by the number of stocks he can buy. On the other hand, a combination of banking stocks and a banking fund can do wonders both in terms of diversification as well as potential to benefit from the possible rise over a period.
Equity investing requires skill both in terms of stock selection and monitoring the progress of the companies included in the portfolio stock prices move to anticipate events as well as reflect the current events.
When I visited Places like Surat / Baroda in Gujarat, I met with some investment guru’s whose portfolio in stock in millions but was just not performing.