Neel Haria
@haria_neel
Enterpreneur
( Golden Eagle )
ID: 1027237322423558145
08-08-2018 16:57:17
2,2K Tweet
215 Followers
410 Following
π‘ Investor Awareness Message π‘ If your advisor ever tells you β πΉ βNew NFO available at just βΉ10 NAV!β πΉ βOffer is open for a limited time β invest quickly!β π« Please rethink your advisor. π NAV (Net Asset Value) of βΉ10 doesnβt mean the fund is cheaper or better β it
β οΈ Beware of Overlapping Mutual Fund Holdings! Owning multiple mutual funds doesnβt always mean youβre diversified. If your funds hold many of the same stocks, your portfolio may be less diversified and could move in the same direction β reducing the benefits of diversification.
π‘ Did You Know? As per SEBIβs guidelines, key employees of mutual fund houses (AMCs) earning βΉ25 lakh or more per year are required to invest up to 20% of their salary in the same schemes managed by their own AMC. π This ensures they truly have βskin in the gameβ β aligning
π’ SEBI should relook at Mutual Fund Switching Rules! 1οΈβ£ Switching within the same AMC shouldnβt be treated as a sale. π Example: SBI Small Cap Fund β SBI Flexi Cap Fund (same AMC, just asset reallocation). 2οΈβ£ Switching across AMCs should be made seamless. π Example: ICICI