A scary graph. Basically, as per a proprietary JP Morgan indicator, markets are high up in speculative territory. How high? A level last seen around end of 2007. Hedge funds had started showing trouble in the US since mid 2007. Our own markets had the crash after the Reliance Power IPO in January 2008. Speculators […]
Should you invest through direct plans in mutual funds?
From 1 January 2013, SEBI is allowing investors to invest through direct plans in mutual funds. I will simplify some of the questions that might arise in your mind regarding direct plans in this article. Question – I used to invest directly without a distributor. What is different now? Answer – Earlier SEBI chief Damodaran […]
Equity mutual fund expense ratios – how do they hurt your investment?
Capital Orbit was quoted in today’s Times of India, on the topic of equity mutual fund expense ratios in India. Equity mutual funds are a good route to enter the market for those who are not ready for direct stock investing. And I surely would not recommend direct stock investing without the necessary understanding and […]