If you scan the list of wealthy people globally and domestically, you will undoubtedly find most of them are owners of businesses that are being managed successfully. However, not everyone can become a successful businessman to become wealthy or create wealth. However, one can be a partner to a growing and successful business by becoming a shareholder of a company. For naive investors investing in the right kind of stocks is like a walk through a minefield – a wrong step or selection could erode your wealth instead of creating it. Hence, the best way is to get the help of professionals.
For such investors, investing through mutual funds is a great way to build wealth. You get different options and can select the right combination based on your risk appetite to invest. Investors in India are adopting this route to create wealth. This is reflected in the rise of average assets under management (AAUM) of the Indian mutual fund industry. The assets under management (AUM) of the domestic mutual fund industry as on January 31, 2022 stood at Rs 38.01 lakh crore. In the last five years it has more than doubled – increasing from Rs 17.37 lakh crore as on January 31, 2017 to Rs 38.01 lakh crore as on January 31, 2022, showing a compounded annual growth rate of 17 per cent.
AUM Growth Of Indian MF Industry in Last Five Years
Such a rise in AUM has come along with the adoption of mutual funds by more and more investors. The mutual fund industry crossed a milestone of 10 crore folios during the month of May 2021. The total number of accounts (or folios as per mutual fund parlance) as on January 31, 2022 stood at 12.31 crore, while the number of folios under equity, hybrid and solution-oriented schemes, wherein the maximum investment is from the retail segment, stood at about 9.95 crore.
Using MF to Create Wealth
Bu hikaye Dalal Street Investment Journal dergisinin February 28, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Dalal Street Investment Journal dergisinin February 28, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
