“A man is known by the company he keeps.” This statement can extend to many facets of our lives. Sometimes, people ask for book or movie recommendations, and our logical question is – ‘What do you enjoy reading or watching?’ Based on their reply, we recommend something accordingly.
Similarly, we pick cues about people in how they speak, dress, behave, etc. It wouldn’t be wrong to say that their personality reflects in almost everything associated with them.
The logic extends to your investment choices too. The first set of questions you ask a person asking for investment recommendations are: Are you conservative or a risk taker? Are you nervous about volatility, or are you calm during market correction?
Even though there is no thumb rule, we normally expect an aggressive portfolio for a younger investor and a more debt-heavy portfolio for a person nearing retirement. Even within the asset classes, one expects a higher large-cap allocation in a more stable portfolio than one does in a plan for a youngster.
Denne historien er fra July 2023-utgaven av Mutual Fund Insight.
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Denne historien er fra July 2023-utgaven av Mutual Fund Insight.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
International Mutual Funds Find Flavour But Lose Favour
Despite stellar performance, these funds are cold-shouldered by investors
The Dose Makes The Poison
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'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