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As a mutual fund advisor we all should give proper advice to investor.We should not beleive in verbal promises or presentation made by AMC's & trust only in authentic document.Read offer document before giving advice on any MF.Guaranteed mutual funds are permitted by SEBI.There are regulations(visit http://www.sebi.gov.in/annualreport/9697/pt1b3.html) for guaranteed MF.These funds are closed ended in nature & currently no MF company is offering any guaranteed MF.ICICI Pru.SMART fund is not guaranteed fund.visit http://www.sebi.gov.in/mfdp/icicismart.pdf for details. |
