Fund houses are facing redemption pressure. We look at what triggered the current turmoil and why mutual funds are biased against retail investors.Shaken and stirredThe new rules of the gameFear & loathing on MF street
Value investors have traditionally looked at growth in earnings to pick stocks. But considering the slowdown and high interest rates, R. Sree Ram examines the debt levels, book values and cash flows of companies to fish out 10 winners.
With a pinch of prudence and a bit of research, you can find gadgets that will serve your needs even if they don’t score high on the savvy quotient. Here are some options that will help you save money while you sate your desire.
The book explains how principles propounded by classical economists have led to the crash in the global markets and recommends ways to control the situation. It also proposes a new theory to understand market behaviour, says Namrata Dadwal.
When redemption pressures threaten a fund manager, he is not going to sit and evaluate a stock. A sell order by the fund manager (across the fund holdings) will inevitably send panic signals to the broker’s dealing desk, especially at times like these.
Have a good mix of mutual fund schemes that will provide aggressive growth and risk containment at the same time. For an average investor to pick up more than eight schemes means that he has not done adequate homework.
Service tax cannot be deducted from the income tax payable by an assessee. However, the cost of any service availed of for business is considered a deductible expense as ‘Income from business or profession’.
The net outflow of funds from NRI deposits amounted to $168 million during April-August 2008. To counter this, leading banks have hiked deposit rates for NRI schemes by 0.5%. Here are the details of the three basic schemes.
Experts say that of all the features, intaglio printing of the RBI seal, Mahatma Gandhi's picture, the Ashoka emblem, etc, are the most crucial. For checking bundles of currency notes, it may be easier to scan them under an ultra-violet lamp.
There is an upside to this mayhem. Reality check has become the norm. Productivity and efficiency have become paramount as employers hope to extract more work from employees. Therefore, when the dust settles down, you may witness the emergence of a lean and mean India Inc.