SBI Mutual Fund's Magnum Multicap Fund has mobilised Rs 2010 crores during its New Fund Offer Period. The fund closed for initial subscriptions on September 16, 2005.
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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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The cost of growing
Growth is only good when it pays its own way
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Cap the Investor, Not the Industry
A per-person limit on the fund route would steady the rupee better than freezing the whole industry
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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.
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The right question
After 24 years, readers' worries have changed, but the real challenge is still knowing which questions to ask
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