Like in the US and Japan, mutual funds are becoming an indispensable investment avenue for Indian investors. This comprehensive handbook by an expert lays out the working of Indian mutual funds, their operational and regulatory mechanisms, the advantages and limitations of investing in them along with sensible approaches to personal financial planning. The author's experience of handling hundreds of training programmes ensures an engaging and easy to understand approach to mastering the subject. Highlights Benefits of investing in mutual funds; how they compare with other investment avenues The different types of equity, debt, balanced and liquid schemes available for investment and the rewards and risks each one entails NAV what it reveals, its calculation and finer nuances The costs of investing in mutual funds loads, expenses and management fee Investing in gold, real-estate and art through mutual funds The safety net of mutual fund investing information disclosure and investor protection stipulated by SEBI Financial and wealth planning based on investment needs and goals, life stage and risk tolerance. About The Author Sudarshan Sukhani was introduced to technical analysis in his late twenties when he read the book, Technical Analysis of Stock Trends by Edwards and Magee. He became a part-time investor, keeping charts manually, with pencil and graph paper. On a visit to the USA in 1988, he acquired the book Technical Analysis of the Futures Markets by John Murphy. This book introduced him to the world of computer based trading, with indicators, trading strategies, waves, cycles, scans, and more. In 1993, he changed careers and became a full time trader and developer of technical analysis software. Since 1999, when the first business TV broadc
From a newbie perspective, this book provides a nice introduction to the mutual fund. It explains the various terms and entities involved in mutual fund and how they fit together as a whole. The chapters about taxation, scheme classification and loads are instructive.
Some chapters discuss the quantitative calculation of risk, return and risk adjusted returns. I am unsure of the target audiences of these chapters as the methods are not discussed in depth. It mostly explains the how part, not the why part.
It's not for beginners also the book is not written in a readable manner. Many part of the book has excerpts from famous books like the intelligent investor, etc. Everything is written in points which makes it boring. Hopefully you would consider purchasing this only after not finding any other choice