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  • News From Press Aftermath of Karvy Stock Broking fraud: Are your mutual fund investments safe?

    Aftermath of Karvy Stock Broking fraud: Are your mutual fund investments safe?

    From the savers’ and investors’ perspective, a natural question that arises is whether mutual fund investments are vulnerable to a Karvy kind of scam. As the scandal shows, what your broker tells you about your stock holdings could well be fictional.
    Economic Times Dec 2, 2019

    Are my investments safe? It’s the first question any investor asks. If you ask an expert, then logically it must be answered by a counterquestion, “Safe from what?”

    When you make any investment, there are different threats to its safety. Broadly, they might fit into two categories. One, its inherent investment value may decline. Two, someone else, who is not authorised to do so, may liquidate it and run away with the money. Savers who invest in equities or equity-backed mutual funds are ..

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