Mutual Fund Dividend is one of the most popular mis-selling points. At the same time, Mutual Fund Dividend is USP for fund houses. It is one of the key reason for the popularity of a scheme. In many cases, the popularity of the mutual fund scheme is directly proportional to the frequency, and quantum of Mutual Fund Dividend declared. The investment advisers are not kind enough to explain the novice investor that Mutual Fund Dividend is being paid from the investment only. Mutual Fund Dividend is entirely different from Stock Dividend. Financially, the dividend declared on a stock is truly your ... Read More
Mutual Fund Riskometer – Old Wine New Bottle
The new Riskometer for Mutual Funds is an old wine in new bottle. SEBI (Securities and Exchange Board of India) will replace the existing colour coding system for mutual funds with new riskometer. The new product labelling system will be implemented from 1st July, 2015. If any fund house would like to implement the new riskometer before 1st July, 2015 then they are free to do so. Riskometer will be applicable for both old and new mutual fund schemes. Existing Colour Coding System Mutual fund investors must be familiar with the following colour coding picture It basically shows the ... Read More