At Yahoo, I write on entry loads and my distaste for them at Loaded in Disfavour. (Reproduced) "Bring back the entry load" seems to be the cry among distributors and advisors of mutual funds, as the new chairman of SEBI, U.K.Sinha, appoints…

Posted in Credit Repair, MutualFunds, Yahoo Comments Off

In the Monetary policy yesterday (see longer post) RBI has said that Banks can’t invest more than 10% of their net worth into liquid mutual funds. ET has some data: Banks’ investment in mutual funds aggregated Rs 1.11 lakh crore on April 6 against…

Posted in Banks, Credit Repair, MutualFunds Comments Off

Updated 25 April 2011: Given the popularity of the post I decided to redo the data until today and see how MIPs have fared. It seems that the data I had was off by a little bit (in terms of dividends, but the results don’t change too much). I’m reworki…

Posted in Credit Repair, FixedIncome, MutualFunds Comments Off

In an email, [Name withheld on request] asks: I was reading recently about rule change in March 2010 forbidding equity funds from paying dividends out of the unit premium reserve. My understanding is that dividend payments have come down after this…

Posted in Credit Repair, MutualFunds Comments Off

Some advertisements recently give the impression that you can "Demat" your mutual funds! Yippee! So you should buy through a stock broker on an exchange! But this is a stupid reason. Mutual funds are "dematerialized" anyway. Mat…

Posted in Credit Repair, MutualFunds Comments Off

Now for an interesting hidden (i.e. not yet spoken about) aspect of the budget. According to the finance bill, any income distributed by debt funds to companies (or anyone other than an individual) will get hit with dividend tax of 30%. Earlier the …

Posted in Budget2011, Credit Repair, MutualFunds Comments Off

At MarketVision, our latest video in the Mutual Fund series on: Equity Mutual Funds. Different kinds of equity funds in India – Diversified, Sector, Index Lockin Though Exit Loads No Dividend tax and Why Derivatives that Equity MFs can u…

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I had a chat with the IDFC Mutual Fund team recently. They have an infra fund launching between 14th and 20th of this month, and I spoke to members of their fund management team. So first – salient points – here’s the scheme document. The NFO runs fr…

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Two more videos in the MarketVision Mutual Fund Video series are out: Mutual Funds: Pricing and NAV (7 min) Dividend Vs Growth Mutual Funds (10 min) Mutual Funds: Pricing and NAV Learn about Net Asset Values an…

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So a lot of questions have come in after my Yahoo post on short term debt funds ("Reconsider that Fixed Deposit"), about which funds to choose. Here are the three that I have invested in:   Yes, HDFC’s fund hasn’t done quite as well, …

Posted in Credit Repair, MutualFunds Comments Off