Monthly Archives: December 2008

ELSS Tax Saving Funds V/s Open ended Funds

The steep fall in the market in 2008 has taken its toll on the diversified and ELSS (equity linked saving scheme) mutual fund schemes. Average one-year declines for both categories were above 50 per cent. However, ELSS schemes have tended … Continue reading

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Mutual Funds Target Retail Investors

Capital market regulator Securities and Exchange Board of India (Sebi) has asked the mutual fund (MF) industry to aggressively market debt schemes to retail investors. In addition, fund houses have also been advised to focus on rural markets, as the … Continue reading

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