Falling interest rates have hurt equity savings and conservative hybrid fund (erstwhile monthly income plans) investors. It has been a double whammy for them. On the one hand, the expected returns are headed lower and, on the other hand, expenses are sticky at the higher end. Investors have to either make peace with low returns or invest in specific bond and equity schemes to benefit from lower expenses and thereby earn a bit more.
Nine big financial changes that you must watch out for in October
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