Cover Story
Dipak Mondal & Tanvi Varma
Mutual funds have changed the way Indians invest.
Money Today looks at how they performed in 2012-13.
Kotak Mutual Fund CEO Sandesh Kirkire says the idea behind employing asset allocation as an investment strategy through mutual funds, evolves from the fact that various asset classes behave differently, and have disparate influencing factors at any given point of time.
The savings tool continue to find favour with financial advisors. The catch: A lot depends on promoters following the strict rules that have been laid down for them.