Mutual Fund Star Ratings are Flawed, but Investors are to blame for taking them at face value

Why blame Value Research For awarding Taurus Liquid Fund that is in trouble for continuing to buy a near-junk bond (Ballarpur Industries), five stars (four stars when commissions are removed)? That is like blaming someone because they could not predict a market crash! Before we go any further, it is important to recognise that many…

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Understanding Debt Mutual Fund Categories and why it is so hard to choose a debt fund!

Investors who wish to give debt mutual funds a try often find that they are more difficult to understand than equity mutual funds 🙂 Who would have thought a fixed income product (a bond that offers regular payments like a fixed deposits) would be so hard to understand the moment it can be traded to…

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What To Look For When Buying A Debt Mutual Fund

In the second part of the introductory series on debt mutual funds, a non-technical discussion of the aspects to consider before buying units of a debt mutual fund. You will be surprised as to how many people buy and then worry about these aspects. The first part is here: What is a Debt Mutual Fund? -meant for absolute beginners. If…

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Introduction to Interval Income Mutual Fund Schemes

An interval income mutual fund or more generally, interval funds is a lesser known class of mutual funds that are open for subscription and redemption only at specified time intervals. A discussion about their main features and how to use them. An open-ended mutual fund allows purchase and redemptions on all business days. A closed-ended…

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