Current economic uncertainty is an excellent buying opportunity: Navneet Munot, CIO, SBI MF
Striking a positive note Navneet Munot says India’s growth story is intact and investors should ignore doomsday predictions.
Posted on May 16, 2012
50% increase in distributors opting in for transaction charges
The number of distributors opting in for transaction charges has gone up to 9000, which was around 6000 earlier.
by Ravi Samalad May 16, 2012
Does your client have a ‘dormant’ MF account? Don’t panic
So far, AMCs have classified investors as ‘dormant’ in common account statements if they had not transacted for a period of six months. Now AMCs are planning to classify such accounts as ‘inactive’ and do away with the term ‘dormant’ so that investors don’t worry.
by Ravi Samalad May 15, 2012