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Sunday, 9 August 2009

[7] Mutual fund news Aug.09

[1]
Top institutions in fray for MF trading, distribution platform
[2]
ICICI Pru to tap Tier-II towns, MFs give more return over 5 yrs
There is huge savings in India but it needs to be converted into investments, Shah said, adding mutual funds offer an opportunity to provide better returns to investors than fixed income on a relative basis and perhaps, even gold. He said that though gold provided more security, investment in equity provided the best hedge against inflation.

[3]
India Post stops MF distribution
[4]
Brokerages plan revised cost structure for MF distribution.

 

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