Yesterday, after I posted about MF trading, I found myself randomly scrolling through YouTube, something I rarely do. I decided to search "MF TRADING" just to see if others were talking about it. At the top of the results, I came across a video from one of Indiaโs biggest finance influencers. I wonโt name him, but you can probably guess who it is. In that video, he outright called MF trading a scam and warned against investing in mutual funds. Honestly, his arguments were pretty flimsy. This guy runs his own hedge fund in Dubai and sells a โน25,000 stock trading course in India. I can almost guarantee he doesnโt have a SEBI license. I watched the entire video, and his points were mostly about how mutual funds have lower returns (yah baat puri tarike se sach nahin hai) and high expense ratios, claiming these fees will eat up all your profits. But he conveniently left out the fact that trading through a DEMAT account also comes with regular charges like STT, DP fees, and other transaction costs, which add up every time you buy or sell - often more than mutual fund fees. Itโs worrying to see some finance influencers going to such lengths to sell their courses, even questioning well-regulated financial products. And whatโs with this Dubai hedge fund thing? Is it really so easy to set one up that anyone can just walk in and start one? Anyway, itโs a bit concerning that these YouTubers are pushing the boundaries of whatโs ethical, and people still support them. Iโm sure you know who Iโm talking about - he makes his videos in English.
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