JM Mutual Fund has announced the revision of entry load in the following schemes: JM Equity, JM Balanced, JM Basic, JM Auto Sector and JM Healthcare Sector Fund. Effective November 29, 2004, an entry load of 2.25 per cent would be charged for all investments up to Rs 50 lakhs.
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Zero tax for foreigners, a tax on inflation for Indians
SEBI wants foreign investors freed from capital gains tax. The Indian saver who stayed while they sold still pays it on gains that are partly just inflation.
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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
Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.
Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month
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