Mutual funds sahi hai? This is one of the jokes doing the rounds after the latest Amfi data showed that investors are selling their mutual fund investments in a big way. After riding high on the successful Amfi campaign of Mutual funds sahi hai for a little over three years, the industry is facing rough weather. According to mutual fund intermediaries, the trend is a culmination of a series of mishaps in the MF universe in the last two years along with the economic disruptions caused by the pandemic. Mutual fund advisors and financial planners believe that profit booking is not the only reason for the sharp fall in mutual fund net inflows in June. They say that investors have lost some amount of trust on mutual funds because of the recent events in the debt mutual fund universe. "Investors barely regained trust after the previous downgrades because schemes proved their worth. Many investors moved to AMCs which were promising. AMCs like Mirae and IDFC which have taken a concious call … [Read more...] about Are investors losing faith in mutual funds?
Templeton foreign fund
The bond price went higher as the BOK cut its target rate by 25 basis points to an all-time low of 0.50 percent in May after lowering it by 50 basis points in March. … [Read more...] about Foreigners sell S.Korean stocks for 5 months
A rheumatology professor and researcher with strong ties to China has been ordered ‘held without bond’ to face a charge of grant fraud for not disclosing that he was engaged in a scheme to use approximately USD 4.1 million in grants from the National Institutes of Health (NIH) to develop China’s expertise immunology, a U.S. attorney has said. … [Read more...] about Professor arrested for using American grant funds for Chinese research
"In Germany, Denmark, Norway, Sweden and many other countries, SCHOOLS ARE OPEN WITH NO PROBLEMS," Trump tweeted Wednesday. "The Dems think it would be bad for them politically if U.S. schools open before the November Election, but is important for the children & families. May cut off funding if not open!" … [Read more...] about Harvard, MIT sue over ICE demand that foreign students leave US if courses are online-only
Clergy sex scandals have tainted its image, though the Church still enjoys close ties with the governing conservatives. Both have called LGBTQ rights a threat to the traditional family. Two-thirds of Poles are against the Church’s involvement in politics. … [Read more...] about Five things to know about Poland