It is a theory that is gaining currency among mutual fund investors: avoid smaller funds houses with modest assets under management or AUM; stick to larger fund houses, only they can survive a huge setback in troubled times. Some mutual fund advisors have started speaking about the benefits of sticking to larger fund houses after many mutual fund houses were hit by a series of defaults and downgrades in the last year. Even otherwise, it was an unwritten rule to choose larger AMCs while investing ..
Nine big financial changes that you must watch out for in October
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