The Bonus Plan was introduced in JM High Liquidity Fund under the Growth Plan. The record date for splitting existing investor Base was 17th August, 2002. The intiial offer was open for two days August 19th and 20th. The fund would open for ongoing sales & purchase from 22nd August, 2002.
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The cost of growing
Growth is only good when it pays its own way
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A per-person limit on the fund route would steady the rupee better than freezing the whole industry
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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.
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