As the name suggests, these funds take a contrarian view on equities.The fund manager picks underperforming stocks or sectors, which are likely to perform well in the long run, at cheap valuations.......
When a mutual fund advertises high returns on a particular equity scheme, investors get lured. If the actual returns disappoint, they stay on, hoping for luck to turn, or move to another......
Contra funds have a new peer to content with - UTI Contra Fund. The fund launched last month mopped up more than Rs 1,000 crore (Rs 10 billion) making it the largest contra fund till date. Where......
The other day, a friend of mine from the United States was telling me about a daring investor who went and purchased land in New Orleans soon after Hurricane Katrina wrecked havoc there. When I......
In a tell-tale sign of all round bullishness, five mutual fund schemes raked in Rs 8,380 crore (Rs 83.80 billion) in January - the highest-ever in one month. A sizeable chunk of the inflows......