TAX NFO’S

TYPICALLY NFO’S ARE EVERY FUNDS HOUSE’S JOY RIDE. THEY MAKE MONEY AND PAY FAT
BONUS TO THEIR MANAGERS ON THIS. NEVER BUY INTO AN NFO UNLESS YOU ARE TOO SURE ABOUT THE FUND MANAGER.
NFO’S DEDUCT EXPENSES FROM INVESTOR WHICH THEY SEND ON ADVT, T.V COMMERCIALS, PRINT ADS, ETC… BASICALLY ALL THEIR MARKETING EXPENSES ARE AMMORTISED OVER A PERIOD OF FIVE YEARS.
BUY A FUND WHOSE AMMORTISATION IS DONE.WHICH ESSENTIALLY MEANS THAT EXPENSES HAVE ALREADY BEEN INCURRED. HDFC AND SBI HAVE PRETTY OLD FUNDS WHICH YOU SHALL BE BUYING AT A PRICE WHICH SHALL NOT INCLUDE THESE EXPENSES OUT OF YOUR HARD EARNED MONEY.

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