Betrayed Trust of India

UTI Mutual Fund is running an ad campaign where it is claiming credit for the education of Indian investors. I am glad to see UTI being man enough and owning up responsibility for the abysmal financial knowledge of the average Indian investor. I suppose they think that five years is enough for investors to forget the saga of US-64 and the time when they used to get their agents to “promise” guaranteed returns on mutual funds.

One thought on “Betrayed Trust of India

  1. HiAgain

    The people who really gained from all that happened are now star businessmen in India.

    So it did work out well for some “investors”.

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