There are a few important questions to ask before you accept your relationship manager’s (or advisor’s) suggestion to invest in any investment product - usually a mutual fund or life insurance policy. Of course nowadays you are also likely to be offered products like PMS (Portfolio Management Schemes), or AIF (Alternative Investment Funds) too! Here we go:
PV subramanyam
writes at www.subramoney.com and has authored the best seller ‘Retire Rich - Invest C 40 a day’