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Month: December 2006

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LinkFest #3:Gold, and Mutual funds

India has 0.4% of the Worlds mutual fund assets (Economic Times) With about 3.41 lakh crore in assets, India’s just about 0.4% of the world’s ...

Closed ended funds: Why they are popular suddenly, and why they are not really closed ended.

A lot of new fund offers are appearing as “Closed Ended” because of a notification that SEBI has introduced, saying that open ended equity funds ...

SBI One India Fund (NFO): Should you invest?

SBI MF has an new fund offer (NFO) called : SBI One India Fund. Issue Price: Rs. 10 Minimum: Rs. 5,000 per investor. SIP option: Not available Entry Load: Nil ...

HDFC 1 year 15 day deposit at 8%

I’ve just noticed that HDFC’s Interest rates have changed recently. They offer 7% for a one year deposit, but a special rate applies for a deposit ...

Your savings may be taxed next year

An Economic Times article states that some of the 80C deductions, those that helped you make 1 lakh of your income off the taxman’s list, may now be ...

LinkFest #2: Keeping it Simple, NFOs, Gold.

The Simple Life (Dhirendra Kumar,Value Research Online) Investments are about simplicity; the simpler the concept, the better it is for investors. The author ...