Mutual Funds: A Powerful Investment Avenue for Individuals

By R K Mohapatra

Mutual Funds: A Powerful Investment Avenue for Individuals is a guide for individual investors, especially young people, to learn investment strategies and principles. It explains how, where and when to invest, and offers a comprehensive understanding of wealth creation, the magic of compounding and equity and equity-related securities. Each chapter describes a micro concept about investing in mutual funds, covering various types such as equity, large-cap, multi-cap, mid-cap, small-cap, hybrid and debt funds, including fixed maturity plans, interval funds and liquid funds. The book compares the risk and return of mutual funds with other asset classes, discusses tax implications and ways to reduce tax liability, and guides readers to take a cautious approach, book profit at the right time and protect invested capital from uncertainty.