The moat that stays

Cap the Investor, Not the Industry A per-person limit on the fund route would steady the rupee better than freezing the whole industry

Your fund lost money. That doesn't make it a bad fund. September and October have left most portfolios in the red. That number says more about when you invested than about the fund you chose.

The right question After 24 years, readers' worries have changed, but the real challenge is still knowing which questions to ask

Buying gold on Dhanteras is not investing Honour the ritual, but count Dhanteras jewellery as spending. Gold you hold as insurance needs a form you can sell cheaply, and a necklace is not that form.