What is Mutual Fund Offer Document?
Any advertisement on mutual funds would have the statutory warning that investors should read offer document carefully before investing. So what is an ‘offer document’? Offer document is a document filed by the mutual fund with the regulator Securities Exchange Board of India (SEBI) The Offer Document has two parts – Scheme Information Document (SID) [...]
Mutual Fund Investments are subject to Market Risk
When mutual fund advertisement say “Mutual Fund Investments are subject to Market Risk”, please take these words seriously. First step in managing the risk associated with investing is to understand what the risk is. So what is Market Risk? We can say that Market Risk is the possibility of loss caused by changes in the [...]
Your Retirement Countdown
Dear I-Am-In-To-My-First-Job, Congratulations to you upon getting in to your first (stable) job and being on the very first day of your job. This is good news for you and your family. Along with the good news, hope you also know that the countdown for your retirement has already started this very day! Yes. It is [...]
