Armaan Mallik
19-06-2008, 01:36 PM
I have heard ten thousand times... abt the line "Please read the offer doucment carefully before investing. Mutual funds are subject to market risks..."
but my question is... do people really read this offer document closely???
m new to investin in MFs.... and really speakin have relied more on my friends' advice whos workin with Meryll Lynch n guides me in investin....
Again... i read one article..(i hv been addicted to readin ever since i hv started investin...so pls suggest me some articles too) which said...
"Entry loads, exit loads, switching charges, annual recurring expenses, management fees, investor servicing costs -- these all add up over time. The OD lists the limits on these fees and also shows the impact these have had on the fund investment historically." Source (http://wealth.moneycontrol.com/authorarticle.php?id=6373&pg=2)
do i need to read the offer document that closely and what are the things i must read????
Pls help.
but my question is... do people really read this offer document closely???
m new to investin in MFs.... and really speakin have relied more on my friends' advice whos workin with Meryll Lynch n guides me in investin....
Again... i read one article..(i hv been addicted to readin ever since i hv started investin...so pls suggest me some articles too) which said...
"Entry loads, exit loads, switching charges, annual recurring expenses, management fees, investor servicing costs -- these all add up over time. The OD lists the limits on these fees and also shows the impact these have had on the fund investment historically." Source (http://wealth.moneycontrol.com/authorarticle.php?id=6373&pg=2)
do i need to read the offer document that closely and what are the things i must read????
Pls help.