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    Valuation Gap between Indian subsidiaries of MNC vis-a-vis Holding company and their emerging markets counterparts

    @cn17 I’m just being the stupid guy here.. but wouldn’t you have come to the same conclusion had you made this same analysis 10 years ago? Also, with HUL and Nestle, I think they’ll grow through acquisitions.
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    NAV will no longer be the the date of purchase for mutual funds?

    @megusta Hopefully, the expense ratio should go down. One of the reasons that MFs were increasing their expense ratio was because they had to take loans for large orders and the existing unit-holders (which I don't understand why) had to bear the brunt. I still believe that tier-wise expense...
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