Making the same mistakes in mutual funds that we did in insurance4 min read . Updated: 12 Feb 2018, 12:11 AM IST
What should investors do to ensure that they invest correctly in mutual funds and what are the mistakes they should be wary of?
Year 2017 was good for Indian markets and financialisation of assets finally started happening. In my sessions, over the last year, I noticed immense interest from people in mutual funds. It was good to receive so many queries on mutual funds compared to the earlier years when all doubts used to be around insurance or loans. However, what is also coming across is that investors are making the same mistakes as they did while buying insurance. But remember, you can’t make the same mistake twice. The second time, it’s not a mistake—it’s a choice. And these choices ultimately don’t make money for people. So what are the mistakes that investors need to be wary of?