We hear a lot about mutual funds being the best investment option for long term and a critical instrument in beating the rising inflation in media these days. There is a common idea that it is one of the best tool to get exposure to the capital market, which is true in case of the investors who lack the time and expertise to do research on the capital market.
Archive for month: June, 2018
Dilshad comments on what should expectant fathers expect here
The Indian wedding industry currently accounts for over Rs. 1,00,000 crores and is growing at a rapid rate of 25-30% each year. An average Indian wedding could cost between 20 lakhs to 5 crores.
A person in India is estimated to spend one-fifth of the total wealth accumulated in his lifetime on his wedding.
Many have financial goals which are very focussed, an important one among them being building funds for children’s marriage. However many people tend to have higher exposure to real estate and lack a corresponding exposure to financial assets and have not invested in growth assets to meet long-term goals Hence they are asset rich and cash poor.