The Hindu Business Line : Sunday, March 20, 2005

Have mutual funds got it right, finally?
THERE has been a spate of initial public offers by mutual funds in recent months. These IPOs have been attracting record subscriptions and ominous parallels are being drawn with what happened in 2000. The tendency of ... More

SIMPLE ECONOMICS

Household economics
ECONOMICS is all about how people make choices. And what better way to observe this than start with our household. Is your home filled with consumer durables? The decision to buy, say, a washing machine is based on ... More

TAX TALK

Money sent by dad for education is no gift
I AM a 21-year-old college student. My father, who is a non-resident Indian working in the Gulf, sends me money to meet my expenditure for education. This is done by way of a credit to my bank account through wire ... More

IN FOCUS

Why we expect more from Fidelity
IT HAS certainly taken a long time for Fidelity Investments, one of the largest money managers in the world, to flag off mutual fund operations in India. But Fidelity, which manages $1 trillion in global assets, has the ... More

FUND WATCH

Maiden offer from Fidelity MF

Prudential ICICI has been allowed to introduce separate sub-plans for foreign institutional investors under the following schemes — Prudential ICICI Discovery Fund, Prudential ICICI Power, Prudential ICICI Growth, Prudential ICICI ... More

AUTO FOCUS

The fine art of urban Fusion
WHAT would you call a vehicle that is built to look like a sports utility vehicle, is as roomy inside as a sedan and is almost as compact on the outside as a hatchback in the B-segment? Fusion. An apt name and that's ... More

BOOK VALUE

Make yourself richer tomorrow than you are today
IF you're already wealthy, skip this. Else, take the six steps that Michael Masterson prescribes for `financial independence' in his book Automatic Wealth, from Wiley (www.wiley.com). "My expertise is in starting and developing ... More

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