The whole world is waiting with bated breath for the Federal Reserve (Fed) to announce its next move today on reduction in its bond buying program or the much hyped and dreaded Fed taper, as it has come to be commonly known among the investing community in the recent past. For those who are not aware, here is a brief explanation of what the term “Fed taper” actually means.
SEBI has initiated the system of colour coding/ product labeling for mutual fund schemes, wherein the mutual fund application forms, brochures and all advertisements in newspapers and magazines will have a product label of a specific colour to indicate the level of risk associated with the investment. This came into effect from 1 July 2013 and will help investors understand the risk profile of the fund before considering investing. The MFs have been divided in to three broad categories and assigned specific colours-