The research examined 170 diversified equity mutual funds over a decade, comparing their published returns with what real investors earned based on their actual cash flows. The findings were sobering, to say the least. While funds delivered healthy returns through consistent systematic investment plans (SIPs), the average investor significantly underperformed their investments. Also read: This…
“He listened to everything I said,” Meenakshi recalls, “and a couple of days later, came back and said—and I am not making this up—that he had a hunch gold would do well. I tried to talk him out of it, but he stuck to his guns and put all his money into a couple of…
It’s time to ask: is your bank balance truly working for you? In this article, we explore smarter, safer, and more rewarding alternatives to traditional savings accounts—without compromising on liquidity or peace of mind. Switching banks Harshad Chetanwala, co-founder of MyWealthGrowth.com, emphasises that the primary considerations for alternative investments should be safety and liquidity. There…
With India’s mutual fund industry hitting the market regulator’s $7 billion overseas investment limit, one door has been shut for Indian investors looking for global diversification. But they have the alternative option of investing overseas through portfolio management services (PMS), which are professionally managed funds with access to international markets. This route requires investors to…
Goal-setting in wealth management is akin to charting a course for a journey. Without a clear destination, you may find yourself adrift among various financial options, potentially missing opportunities or taking unnecessary risks. However, simply setting goals is not enough. You also need to plan well to achieve these goals and build actual wealth. As…
