Mutual fund industry snapshot

The most useful answer is 'I don't know' Four kinds of letters arrived after last week's column on West Asia, and the largest pile asked the same question

Such a long journey The largest active fund today manages more money than the entire industry did when this magazine started

The day even HDFC said no to gold The PM appealed against gold on Sunday. Customs duty rose 15 per cent today. By evening, HDFC withdrew its Gold and Silver NFO. Here is what to do about your portfolio.

Read the signal, not the list The Prime Minister's seven appeals are about consumption. The signal they carry is about the rupee.