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Last Updated : Jul 19, 2019 09:55 PM IST | Source: Moneycontrol.com

Managing Money With Moneycontrol | Investing in mutual funds

What's alarming to see is that banks as mutual fund distributors mostly preferred to sell schemes from their own group firms.

Moneycontrol News @moneycontrolcom

Have you noticed that your bank keeps insisting on investing in mutual funds. Well, it's certainly a part of their job but what's alarming to see is that banks as mutual fund distributors mostly preferred to sell schemes from their own group firms.

Moneycontrol’s Personal Finance Editor, Kayezad Adajania shares the reasons behind this practice and how is it likely to impact investors like you and me.
Not sure which mutual funds to buy? Download moneycontrol transact app to get personalised investment recommendations.
First Published on Jul 19, 2019 09:55 pm
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