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The Butterfly Effect: Small Steps to Big Wealth, Thanks to Mutual Funds
As the classic proverb says, ’Don’t put all eggs in one basket’, Investor also must diversify his/her portfolio into different asset classes. Why? Reason is very obvious – to reduce the risk.
If you want to go around the earth and start with 100 metres on first day and double the distance every day, How long do you think it will take?
Calculating return would have been easier, if we had been investing exactly for one year. But that doesn’t happen in practical world. Investment is normally done in staggered manner and each investment is not kept for same period of time.
I am Raghupreet Singh Kanwar, a banking and financial services professional with 26 years in the industry. After having spent 17 years with various banks like, IDBI, ICICI Bank, Citibank and ICICI Securities (Private Wealth) Ltd, I started my own venture on the financial services domain.
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Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.
AMFI Registered Mutual Fund Distributor – ARN-93495 | Date of initial registration – 19 Feb 2013 | Current validity of ARN – 06 Jan 2028
Grievance Officer- Mr. Raghupreet Singh Kanwar | Raghupreet@brightwealthideas.com
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