"We trust that you will avoid using harsh language and will refrain from making unsubstantiated allegations against individuals and firms. Your constructive feedback and opinions are very valuable to all of us in the industry. "
We (AMC/Distrubutors/Clients) have to have long term vision for the wealth creations in this industry, but sorry to inform that many of Closed ended equity funds NFOs are still launched by AMCs. Also, we as distributors, are educating our clients to have long term view for wealth creation through holding equity for long term, but this short term Equity NFOs are spoiling our education efforts. By showing short term gains, we cannot achieve great long term results. Our MFDA (Gujarat) association is planning to stop working with such short sighted AMCs.
very good NFO scheme of SBI Equity Opportunities Fund - Series I
very good idea for ARN HOLDER THANQ
Mid-cap funds and Small Caps generally outperform large-cap funds. But these funds are very susceptible to volatility in broader markets. Investors with a high risk appetite should invest in these funds. Caveat Emptor, Buyer beware, especially while marketing these kind of closed ended high risk funds throw caution to the wind. Reckless allocation by advisors in search for high commissions and AMCs in their race to increase the AUM will be dangerous for the industry in the long run.