I dont think a relationship manager only looks at the money you have. Also look at the points the writer has given.
New MFs vis a vis the old MFs. These old MFs were also new MFs at some point of time, right? So if someone is advising to go in for a new MF what is wrong in that? Again a new MF like Lotus contra fund has come out with an option of no entry load if invested thru SIP. So if a fund manager advises this fund, is it bad? There are a number of funds which came out with NFOs since the last two years and many of them are performing well.
Saying something against ULIP has become a surefire way of posing that you are taking the sides of the investor. In the various posts in the past, I have very clearly given the benefits of ULIP. The problem is people write without understanding the basics of a product and they have the audacity of calling themselves EXPERTS!!!!
