Investing in mutual funds has important life lessons to teach.
Like this one: Who would you rather buy a mutual fund from? An adviser who will charge you for her expertise, but will help make better returns in the long term, or from a distributor who doesn’t charge you a dime upfront, but shares with you a part of the commission she earns?
This, in essence, captures the dilemma and the lack of awareness among mutual fund investors. And it has got the Securities and Exchange Board of India (Sebi) rolling up its sleeves to make the process investor-friendly.