Investing in mutual funds is easy activity, but most investors still do it the wrong way. Have you heard the phrase “Mutual funds simply don’t work!”?
If you be expecting that just throwing few thousands into the best drama fund in your country will make you victorious, then I am not surprised it doesn’t work. If [...]

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Asset management companies will now be allowed to spend $7 billion overseas, with the Reserve Bank of India relaxing norms relating to overseas investment by mutual funds. The move is in line with the central bank’s stated rule of hopeful flow of money outside the country.
The regulator also feels that the move will enable MFs [...]

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