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[Setup-tool-hackers] e-fundline: March 15, 2003

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Dear Investor,
<p>Income fund investors in India are going through trying times. Over the last 
  two years, tens of thousands of people have invested in this type of mutual 
  fund. They have been attracted to these funds because they seem to combine high 
  safety with reasonably high returns.</p>
<p>For investors scared by big losses from the stockmarkets and equity funds, 
  this was an irresistible combination. Not surprisingly, the amount of money 
  invested in income funds over the last two years has gone up from Rs 24,000 
  crore to Rs 64,000 crore.</p>
<p>Now however, income investors are a worried lot. Since January, investments 
  in many of these funds have lost up to 3 or even 4 per cent of their value. 
  At Value Research, we have received hundreds of emails from worried investors 
  who are doubtful of the safety and future of income funds.</p>
<p>What has gone wrong with India's income funds? Is this decline something 
  exceptional, or is it a normal part of the financial markets' volatility? 
  Will income funds ever again give the kind of returns that they have been giving? 
  What should investors do to avoid such problems in the future?</p>
<p>In the March 15 issue of our magazine, <strong>Mutual Funds Insight</strong>, 
  we answer these questions in our cover story, '<strong>Surviving Income Fund 
  Chaos</strong>'. The story explains everything that an investor needs to know 
  about the performance and the future of Indian income funds.</p>
<p>Besides the cover story, we have all our regular features like Category Review 
  (on Hybrid Funds), Fund Family (DSP Merrill Lynch), fund manager interview (Sundaram's 
  Anand Radhakrishnan), as well as columns by Paranjoy Guha Thakurta, Ashish Ghiya, 
  and Jay Dubashi.</p>
<p>And as always, our Value Research Scorecard is the most authoritative source 
  of information on more than 400 funds in India.</p>
<p>You can buy this issue of Mutual Fund Insight at a newsstand today. In case 
  you are unable to find it at your local newsstand, you can call us at 011-2245-7918 
  or 2245-7916 in <strong>Delhi</strong>, or India Book House (the magazine's 
  distributors) at <strong>Ahmedabad</strong>: 079-5601702, 5603971, <strong>Bangalore</strong>: 
  080-2268105, 2261305, 2252385, <strong>Kolkata</strong>: 033-2498096-97, 2496911, 
  <strong>Chennai</strong>: 044-8273893, <strong>Hyderabad</strong>: 040-7561140, 
  7564945, <strong>Mumbai</strong>: 022-2626167, <strong>Trivandram</strong>: 
  0471-475443, <strong>Pune</strong>: 020-6131261, and <strong>Chandigarh</strong>: 
  0172-703667, 702594.</p>
<p>You can also subscribe online at <a href="http://www.valueresearchonline.com/special/";>http://www.valueresearchonline.com/special/</a>. 
  Online samples as well as an international subscription form are also available.</p>
<p><br>
  Regards</p>
<p>The Value Research Team</p>
<p></p>
<p></p>
<p><strong>About Us:</strong> Value Research is the prime source of mutual fund 
  data, analysis and opinion in India. Our data and analysis is widely used by 
  investors, investment intermediaries and fund managers. Media, regulators and 
  academics also turn to Value Research for informed commentary and analysis. 
  Our website, <a href="http://www.valueresearchonline.com/";>www.valueresearchonline.com</a> 
  is the most comprehensive source of information about Indian mutual funds on 
  the Internet.</p>
<p>Value Research's reputation is founded upon the accuracy of data, unbiased 
  opinion and clarity of expression found in each of our products.</p>
<p>If you would like not to receive promotional emails from Value Research, please 
  click on this link to unsubscribe: <a href="http://www.enphase.com/unsub.php?e=setup-tools-hackers@ximian.com";>http://www.enphase.com/unsub.php?e=setup-tools-hackers@ximian.com</a></p>
<p><br>
</p>
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