Seal, Jayanta Kumar; Paul, Arunima - In: Cogent Economics & Finance 7 (2019) 1, pp. 1-17
In this study, an attempt has been made to find out why investors still prefer broker-sold fund over direct-sold fund despite the superior performance of the latter. We find the sensitivity of funds flow in selected direct-sold funds and broker-sold funds in India. We do not find any evidence...