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Ravi

Ravi Mittal  |450 Answers  |Ask -

Dating, Relationships Expert - Answered on Feb 14, 2023

Ravi Mittal is an expert on dating and relationships.
He founded QuackQuack, an online dating platform, in 2010 with just two people. Today, it has over 20 million users in India.... more
Naveen Question by Naveen on Feb 14, 2023Hindi
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Relationship

How get good relationship with people if something get wrong

Ans: Dear Anonymous,

If something went wrong in your relationship in the past, and you still want to make it work with your partner, you have to leave the mistakes in the past. If you carry it around with you, your relationship will never heal.

If you are at fault, make sure to apologize and try to convince your partner to forgive you; try, don't force. If your partner was at fault, make sure to have an open discussion about it before you give them a second chance. The moment to give it a second shot, leave the anger, blame, and accusations behind, and move ahead with only love and respect.

To err is human. Almost all mistakes can be forgiven, but not all. Before you try to make your relationship work, especially after something has gone wrong, please take a good look at it and make sure it is worth the added effort.

Best Wishes!

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Insurance, Stocks, MF, PF Expert - Answered on Dec 03, 2024

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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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