Opportunity in Debt Mutual Funds – Alternative to Bank and Postal Deposits
Friends, Many investors carry a wrong notion that Mutual Funds is all about Equity/Stock investing. But the reality is as on 30th Sep 2016, data from AMFI (Association of Mutual Funds in India) says investments in Equity MFs is 5 Lakh Crores Vs 11 Lakh Crores. i.e. Only 31% of the funds are invested in Equity and the rest 69% are in Debt Funds. Since the content required for this blog is high, I...
Investing in the Current Market
Dear Friends, The RBI witnessed the end of an Era on the 4th Sep 2016 with Dr. Rajan exciting as the Governor. Technical Prowess and ability to communicate, both are required for the central bank governor role. Dr. Rajan’s major plus point was his effective communication which none of the earlier governors could match. At times, being candid leads you to problems and the governor was no exception. He is Raghuram Rajan and he...
India does not deserve a person like Rajan !
Dear Friends, When I woke up to read the newspaper today morning, there was a news article that had quoted a regional daily, from unknown sources that Dr.Rajan might not be interested in extending his tenure for 2 more years. I was shocked and continue to feel sad even now, pretty much my entire day is gone thinking about this. Ex. Finance Minister Mr. P.Chidambaram, couple of days back, when asked by press as...