LinkFest #3:Gold, and Mutual funds
India has 0.4% of the Worlds mutual fund assets (Economic Times)
With about 3.41 lakh crore in assets, India’s just about 0.4% of the world’s assets. Less than 2% of our GDP is available in funds, so the opportunity to grow is tremendous! In fact, just last month, 30,000 crore was invested in mutual funds.
Buy Gold? (Value Research)
What’s the fuss about gold, and how to invest in it. Interestingly the author also talks about how he might earn more money if he talked more about gold investments rather than mutual funds.
Top 10 Mutual Funds (Outlook Money)
Outlook Money researches and lists the top 10 funds bases on “RaR” - Risk Adjusted Return. Some very good funds figure here.