I said that they offer market returns which are liquid and transparent. Clearly we do not guarantee returns. Investment in ELSS is a different investment product than a pure debt proposition. Alok Vajpeyi says Again depends on your risk appetite, if you want equity I would recommend our equity fund, if you prefer bonds, I would recommend our bond fund. Alok Vajpeyi says I hope that the system can only emerge stronger as long as our government and regulators take appropriate action to clean out the system.
Scams happen across the world.
Its how strongly we deal with them that matters. I am hopeful for the future. Alok Vajpeyi says Its a contradiction in terms. Alok Vajpeyi says I cannot comment on products offered by others. In terms of Life Insurance cover I do not think that the mutual fund license allows us to do so.