Like in the US and Japan, mutual funds are becoming an indispensable investment avenue for Indian investors. This comprehensive handbook by an expert lays out the working of Indian mutual funds, their operational and regulatory mechanisms, the advantages and limitations of investing in them along with sensible approaches to personal financial planning. The authors experience of handling hundreds of training programmes ensures an engaging and easy to understand approach to mastering the subject.Highlights
Benefitsof investing in mutual funds; how they compare with other investment avenues Thedifferent types of equity, debt, balanced and liquid schemes available forinvestment — and the rewards and riskseach one entails NAV — what it reveals, its calculation and finer nuances The costs of investing in mutual funds — loads, expenses and management fee Investingin gold, real-estate and art through mutual funds The safety net of mutual fund investing — information disclosure and investor protection stipulated by SEBI Financial and wealth planning based on investment needs and goals, life stage and risk tolerance.