DSP Investment Managers Pvt. Ltd recently made it mandatory for its employees to make any incremental investments only in the schemes of DSP Mutual Fund (read more here). Certain other asset management companies also encourage their employees to invest in their own schemes. The aim of such initiatives, typically, is to demonstrate “skin in the game". The assumption here is that a fund will be managed better if the employees have their own money invested in it. Neil Borate experts if this is indeed true and whether or not such programmes are legally tenable
Can the defence sector continue firing after 100% gains?
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