How difficult is it to do simple things? If we do a few basic things right and consistently, most of us will be well taken care of. Moderate exercise, good sleep and the right diet will be enough for most of us to stay fit. That said, it is not interesting and does not show quick results. Instead, we constantly search for a magical potion and spend more time researching what’s new. Whether it is the latest fad in diet or exercise, that is what everyone I know does. This relentless pursuit makes all of us fall prey to the marketing gimmicks of those then-and-now testimonial pictures. The ubiquitous mantra is, “I want something more, and that too faster than others.”
Almost everything else in life is similar, even personal finance.
It was just the other day I met a client. Very suave. Schooled abroad at one of the Ivy League universities. A seasoned investor. Had done well professionally and made smart investments in stocks. He was now wanting to discuss a new idea for investment. I urged him to share his list of investments to help me know where to start.
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Esta historia es de la edición June 2023 de Mutual Fund Insight.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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International Mutual Funds Find Flavour But Lose Favour
Despite stellar performance, these funds are cold-shouldered by investors
The Dose Makes The Poison
Are your fund investments diversified? Or are they diworsified? Here’s the solution
'Since Sahi Hai drive launch, industry has grown over twofold'
The AMC’s marketing and corporate communication head also lauds MFCentral and MF Utility
'Earlier, not many knew of mutual funds; now SIP is a verb'
The CMO also explains how 4G, fintechs have elevated mutual funds’ reach
'MFCentral is the most impressive of online platforms'
Shah says though passive funds are growing, there’s a long road ahead
'Fintechs are driving mass financial inclusion'
Shah also lauds the pace at which distributors have embraced technology
'A Maldives tour guide knew of the Mutual Fund Sahi Hai drive'
Interaction with Edelweiss’s senior VP and head of products and marketing
'More distributors will come to MFCentral, MF Utility'
Goyal feels they can grow their business five times, 10 times with tech
'The size of passive funds has grown 36 per cent in a year'
Parija explains how mutual funds have gained traction
Tomorrow, and tomorrow, and tomorrow...
There are a total of about 1.1 lakh crores of rupees invested in India’s mutual funds and the number of investors is now about 12 crore