Do you really need Groww’s new fund with widest stock coverage?

But do investors need the new fund? The company says they do. “We want to offer a well-diversified fund, in particular to retail investors who are yet to experience equity investing. Also, right now valuations are slightly on the higher side in mid- and small-cap segments. So, this fund offers stability of large-caps,” points out …

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MFs not liable for bad calls; L&T MF case sets template

Transparency matters, especially where investor money is concerned. But, not all fund houses are transparent about all their decisions. In March, market regulator Securities and Exchange Board of India (Sebi) shot off a show-cause notice to L&T Mutual Fund, seeking justification for some of its fund management decisions. Sebi stated that the asset management company …

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