I S S U E C O N T E N T S

28 July 2011

Disclaimer: Moneylife has a policy of not allowing its editorial staff to buy and sell stocks that are written about in the magazine. All personal transactions in individual stocks are subjected to internal disclosure rules.

Current Account13

– Are 3D glasses unhygienic? The BMC thinks so...– Mediclaim for domestic workers will be a challenge– The market has rallied, hoping that earnings would be good – A sole mosquito has supposedly caused 3,000 cases of malaria– Keep a close watch on your iPad and iPhone– Is there gain from rain?– Phony ad blitzes are too common– Greenwich is dotted with ultra-luxury homes– Beyond the Headlines: The Damodaran Committee report

LOOSE CHANGE19

Moneylife Quiz; Soundbites

The shocking attitude of the BSE; SEBI drags a report through adjudication on a Rs3 lakh penalty; ignores price manipulation; Broking companies are paying for grave systemic flaws

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Cheapest Mediclaim This is the insurance world’s best-kept secret. For the first time ever, Raj Pradhan reveals and analyses the products that can cover you and your family—at the most inexpensive premium

Cover Story28

DEPARTMENTSLetters ............................

Book Review ....................

Money Facts ....................

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CONTENTS

58 EarningCurve

Patience is a key virtue in stock investing

SAVING AND INVESTING

Too Little for Too Many24

The SEBI chief wants to keep the no-load system in place. But it offers too little incentive for many small fund distributors and small investors

SMART MONEY

Not Good Enough, Mr Prime Minister22

Manmohan Singh is an honest man. He should not support those who are not

DIFFERENT STROKES

Time to be cautiously optimistic

Signal Yellow?44

WHICH WAY

52 In a Slow Lane

Globally, prototypes of vehicles running on electricity and solar power are out. But our policymakers seem oblivious

AUTO

66 A Joy Forever

Umang Foundation has been bringing happiness into the life of the underprivileged by helping orphanages and providing care to cancer patients

BEYOND MONEY

51 “Make Your Money Work for You”

“Holding a bag full of money is not enough, one needs to invest it appropriately,” said investment advisor Dilip Samant

ML FOUNDATION EVENTS

50 Nomination & Share Ownership

Can you inherit company shares even if you are just a nominee?

LEGALLY SPEAKING

48 Insurance Trends

– Tata AIG Gyan Kosh—feature-rich but costly

– Be safe and smart, avoid SBI Life Flexi Smart

– Mediclaim: ‘Family’, as defined by insurers, excludes parents of married women

– Fine Print: Portability Postponed; Max Bupa Integrates with IGMS; UID for Insurance KYC?

INSURANCE

The capital of South Korea is a perfect example of the harmony between the past and the future

Seoul: Traditions & Megacity60

TRAVEL

26 New Fund Offers: More is Less

Mutual funds are not thriving. But more and more fund companies are coming onto the scene

FUNDS

40 StreetBeat

National Peroxide: Good growth prospects and excellent market share; Carborundum Universal: Strong integration and expansion plans; Contrarian Call: Are FMCG stocks overvalued?

STOCKS

STOCKGRADER 45MomentumShree Renuka Sugars soared 24%, while Bhushan Steel declines 4%

Medium TermShoppers Stop gained 13%, 3M India was up 5%, and Petronet LNG was down 1%

Long TermCastrol India surged 16%, ITC rose 4%, while Petronet LNG fell by 1%