Monday, June 02, 2008

A disturbing finding!

Book Value
The Changing Investment Preferences of Indian Households
Dr. L.C. Gupta and Naveen Jain

Top worries

Across income and age classes, household investors prefer investing in shares to mutual funds, finds a recent survey by Society for Capital Market Research and Development ( http://www.scmrd.org/ ). The lower popularity of mutual funds is due to lower returns, caused by entry loads and management fees, says the survey, titled ‘The Changing Investment Preferences of Indian Households.’

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