7 years, 4 months ago

The paradox of choice

It was very satisfying to see so many of you writing to me about starting your investment journey. Decision-making woes It is understandable that some of you are confused by the bewildering choice of mutual fund schemes available on the market. The middle men’s motto of “If you can’t convince them, confuse them” is going to end soon, at least when it comes to mutual fund schemes. SEBI has asked asset management companies to classify all their fund schemes into just five categories — equity, debt, hybrid, solution-based and others. For example, within the equity funds category, there will be sub-categories like large cap fund, mid cap fund, PSU fund and so on.

The Hindu

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