FundSelect Plus launched

FundSelect Plus launched
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First Published: Mon, Mar 31 2008. 12 17 AM IST
Updated: Mon, Mar 31 2008. 12 17 AM IST
The Securities Exchange Board of India’s decision to allow people to invest directly in mutual funds without paying any entry load has increased the business opportunity for portals and firms that give financial advice. Personalfn.com, a financial portal, has started a fund recommendation service, FundSelect Plus, whereby it gives six model portfolios of funds. Depending on how much risk you can take, you can pick up any of the portfolios and invest in the funds recommended in that portfolio. The service comes at an annual cost of Rs8,500, and under a special offer, it’s now available at Rs7,000.
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First Published: Mon, Mar 31 2008. 12 17 AM IST