Comment on SEBI Mutual Fund Categorization & Rationalization – Making Sense of it for Long Term Investors by Rajan Hatiskar

Very well written, with many insights into the functioning of the Fund Market. I am sure that investors will definitely benefit from the SEBI directive, as many fund houses appear to take the investors for granted and tweak the portfolios at will, deviating from the promised strategy. Possibly some of them might have made better gains, but this is clearly a case of non-transparency and constitutes to a breach of trust. More so when the gains are in the “other” direction 🙂