Over the course of the past five years or so, the Indian Mutual Fund industry has traversed an important path in their history. The entire industry appeared to have slipped into an extended hiatus post the tumult and panic that characterized the global markets in 2008. The pre-2008 phase was marked by a plethora of NFO’s (New Fund Offers) that aimed to draw new investors into the fold. Not surprisingly, a number of investors, both uninformed and informed alike, severely burned their fingers in the wake of the 2008 crash.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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