Posted by Literary Titan
Mutual Funds takes an in-depth look at mutual funds, its composition, and it’s strengths as an investment. What inspired you to write this book?
I got inspired to write my third book buoyed by the success of my first two books and few questions raised by my friends and fans about investment in mutual funds such as how to invest, where to invest & when to invest.
I have emphatically conveyed through the book that every individual has the potential to make concrete decisions and the relevance of focusing on specific goals to achieve them in time by investing in mutual funds. The key objective of my new book, “Mutual Funds: A Powerful Investment Avenue for Individuals” is to advise people on how they can create wealth by making meaningful decisions in their life investing in different mutual funds: Large-cap funds, Multi-cap(Focused) funds, Mid-cap funds, Small-cap funds, Hybrid funds, and debt mutual funds.
What is a common misconception you feel people have about mutual funds?
Misconceptions about mutual funds may be two types:
- People do not know the structure, types & composition of mutual funds and its regulatory system.
- Lack of knowledge about the capital market and mutual fund products adversely affect their mind that invested money will erase in this market, and they never get good returns on their investment due to the high subdued market. The concept is purely a wrong perception & misconception.
You have 27 years of experience in personal finance. How has your experience helped you write this book?
I have 27 years of experience in the field of Finance and Accounts in a leading Public Sector Company in India & abroad. So far as personal finance is concerned, my interest in this field and my educational qualifications help me to write all three books. On the other hand, my friends and fans persuade me to write this complex subject in a very simple way so as to they would take the benefit for the same.
What do you hope readers take away from your book?
This book dedicates to young India, including my son & daughter. Equity is an asset class, which generate handsome returns over the long-run. The book contains so many hidden secrets, strategy in the investment, and magic formula of compounding, which induce the prospective investors & readers to purchase this book either kindle edition or paperback. The cost of the book is meaningless for readers as this book will change their life, fulfill their dreams, and brings their goals into reality and make them financially sound over the long-run due to value-based investment.
A renowned financial expert, R K Mohapatra has a vast experience of 27 years in personal finance and retirement planning across various investment products, analysis of mutual funds, cash and wealth management. The book, “Mutual Funds: A Powerful Investment Avenue for Individuals” is ideal for investors who are looking for a deeper understanding of mutual funds; benefits of investing mutual funds: equity, debt and liquid funds; the cost of investment and its risk & returns. This comprehensive handbook from the author outlines the details of mutual funds, its composition, and the operational and regulatory mechanism, which enables the common man to invest his hard-earned money to achieve specific goals. It helps investors select appropriate mutual funds with risk and return which is suitable for their goals. The author’s wide experience of personal and retirement planning helps readers understand the subject easily and enables them to manage their hard-earned money in a disciplined manner by investing in various categories of mutual funds: large-cap funds, multi-cap funds, mid & small-cap funds, interval funds, hybrid value funds and debt funds through SIP route in order to maximize their wealth.
Posted by Literary Titan
Mutual funds are described as investment vehicles managed by a trust where the pooled money is invested according to regulations. This book allows the reader to understand mutual funds in a fundamental and deeper way. This book is a layman’s lesson on mutual funds delivering an education on risks and returns as well as the benefits and advantages over other forms of investments. Mutual Funds by R.K. Mohapatra inspires smart money management and investment diversification of various mutual fund varieties. It is a detailed and layered lesson on what it takes to successfully invest in mutual funds. In this era of distrust and inaccurate information, it is important to learn from an experienced award-winning individual with a vast knowledge on the subject.
Mutual Funds is tailored for someone with an interest in, but little knowledge of, mutual funds. The author’s 27 years of experience shine through brilliant explanations and discussion on the merits of mutual funds as well as related subjects. R.K. Mohapatra has written the book in a relatable way while still maintaining an air of professionalism.
Mutual Funds provides an in-depth understanding while also giving the reader an idea of the suitable category of mutual funds for them. It is written in simple language which is integral to understanding this relatively complex topic. The book starts slow, with definitions and a simple layman’s explanation of what mutual funds are. It then builds up to the more complicated stuff. This kind of writing is effective in helping you understand a subject without extensive consultation with a professional.
The author’s passion for personal finance and planning shine through on every page. Mutual Funds is a necessary first step to investing in mutual funds.
Pages: 156 | ASIN: B084M4SGMP