Community Information
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Is the mutual fund advisor and distributor community sold out ?
I watch few qna sessions on tv occasionally where mf advisors give answers to viewer's mf questions. The mf schemes they recommend are mostly the ones doing very well in last 1 year returns. I remember this one advisor who was strongly recommending momentum funds 6 months back but now doesn't recommend them. When china does well, these advisors start recommending china funds. Nowadays all advisors are even recommending sectoral and thematic funds which wasn't the case earlier. Are the mf advisors and distributors sold out ?5
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