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My Mutual Funds Story

“Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be successful, to prevent a lot of money from becoming a little.” ~ Fred Schwed Jr., Where Are the Customers' Yachts?: Or a Good Hard Look at Wall Street
Written by Archana Kapoor
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Being a banker and working in renowned MNC Banks has its own perks, one of them being that you are in touch with the latest investment avenues as per your risk appetite. What better way to manage your personal finance and ensure your wealth is on the upward swing with every small investment you make! It was way back in 2001 when I first came across Mutual Funds while managing clients and their investments in the Bank. It wasn’t the most popular investment avenue back then in India, but since there were relationship managers assigned to each client, they ensured that some percentage of the portfolio was invested in mutual funds too after creating awareness and appropriate education.

I simply started mirroring the investments and started investing small amounts of money in mutual funds, as per the investment advisory. India wasn’t exactly on a positive growth ladder that time, and I lost some money initially. But after a bit of learning, there was no looking back and I saw tremendous growth in every investment I made. The profit from those investments decisions have served me in good stead while buying my new house and studying at an Ivy League. The Indian markets now, are poised towards progression as per the improving macroeconomic indicators over the past one year; and measures like the Reserve Bank of India rate cut that have further put the economy on an upswing. Even today I would lay my bets on the India growth story to make handsome returns on my investments.

#MutualFunds have been my favorite investment avenue! #FundsIndia #investment Click To Tweet

logoRecently I came across FundsIndia – an amazing online and mobile platform for investing. I have opened an account with them for the convenience and ease of investing that they have to offer. It would be a pity not to partake in the Indian growth story after the new reforms have been launched by the government, and the structure and shape they have received after the announcement of this year’s budget. After thorough research and analysis, FundsIndia’s Mutual Funds Research Team have come up with the New India Portfolio – a set of funds which they believe are well positioned to take advantage of the Indian growth trajectory and deliver outstanding returns. Do read this article to get the full picture.

I think this is a great portfolio and will make my money work harder and take me a few more steps closer to my aspirations. Wouldn’t you want the same?

 

Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.

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About the author

Archana Kapoor

Banker turned Blogger, INSEAD Alumnus; life manifested in its complete liveliness is Archana. Looking at every aspect of life with a twinkle in her eye, she then garnishes things around her with something special. Check out for yourself in her amazing writing.

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