108 Questions & Answers on Mutual Funds & SIP

by Yadnya Investments

Have you ever thought of letting your money work for you by being a part of the Indian growth story but the complicated financial jargon, perplexing terms and conditions, dilemma associated with risky investments and too many mutual fund options stopped you! This book provides answers to all such FAQs that an Indian Mutual Funds and SIP investor has. This book will help you understand various types of mutual funds, their comparison with other assets, ways to invest in mutual funds and identify the type of funds that fit your profile the best. The focus of this book is on simplifying myriad concepts of mutual funds and demystifying myths around these investments. The author has approached this book in a question-answer format with lots of recent examples.

Genres: Finance

168 pages, Paperback

Reviews

[Shuvam Nayak · Rating 4 out of 5]

To read more reviews check out my blog: Reviews by Shuvam

1. Introduction:

As evident from the title, the book deals with the mutual fund and SIP. The book which I am reading is published in 2017 by notionpress.com. It is written by Yadnya Investment, an online portal for financial advice for the Indians. The book contains 168 pages and it is a collection of mutual fund related financial jargons and doubts explained in simple terms. Let’s discover what the book is about and how the book fairs in all the aspects.

2. Central Theme:

The book revolves around Mutual funds and SIP systems prevalent in Indian Market. As such, it bids to simplify and explain the current mutual fund market in India. Any reader who is curious to know about various facets of a mutual fund will benefit considerably from the book. The Yadnya Investment even has its YouTube channel which will further solidify the content, although the book is a standalone version and can be read on its own.

3. Pros:

Although I was aware of the fact the book is laid down in an FAQ manner, I never expected the book to be so reader-friendly. The book explains the common FAQs asked by the Indian investors regarding mutual fund and systematic transactions such as SIP, STP, and SWP. Since I belong to the engineering background, I was suspicious at first, thinking that the book might simply contain a list of questions and answers. But to my utter surprise, the book was organized in a manner that any layman can read it from cover to cover.

One thing that I would say in advance to the readers is that since the book is organized in a way, you would come across some term which might not be explained in earlier parts. But if you keep patience, then you will realize that authors have explained almost all the terms and jargons that are either relevant or that come in earlier parts of the book. And not just about the funds, but the authors have also explained the process of how you should choose the ideal fund for you.

The book is supplemented with different references that will help readers to further understand the topic in a holistic manner. In this journey, I took the help of invetopedia.com and moneycontrol.com (Note: This is completely my personal experience and I am not doing any paid advertisement in any form). In this way, I could quickly grasp the finance concepts relevant to me as an investor.

4. Cons:

The downside of this book is that it is meant for the Indian financial market only. So, all the examples and figures used in the book are only useful for Indian investors. Also, since the book cannot be updated like web pages, you will need to refer online to know the current values and figures.

Just to mention, I had a class on how to read a corporate balance sheet, complemented by the YouTube videos. So, those who are completely new to finance might feel averse to a multitude of financial jargons at first. For them, I would suggest reading basic finance online or on YouTube.

Now, when it comes to reviewing I would also say regarding the physical structure of the book. The pages were made of excellent quality, but I found the cover a bit disappointing as my book cover was somehow bent outward and it was stiff, which made it difficult for me to change the pages. Nevertheless, the excellent content made up for these slight inconveniences.

5. Conclusion:

I understand that the text below will be iterative but for those who are skipping through the article will find it useful. I would recommend this book to all the beginner Indian investors who are interested to learn about Mutual funds and methods of getting into it. Age is not the factor here as the language is plain and simple. I would suggest that you should complement this book with online resources for holistic learning.

For experts or those who are looking for specific advice may better seek financial advice rather than refereeing to the book. Nonetheless, it will serve as a fine refresher course.

[Sriram · Rating 4 out of 5]

it is a good one time read

[Raghavendra · Rating 5 out of 5]

Just the book I was searching for!

Written in a simple Q and A format, this helps demestify the jargons in the mutual fund world. Basics are very important while learning anything new and this book did the job of cementing it for me. Gonna revisit this book multiple times.

We need more number of simple books like this to increase and spread investment literacy in India:)

[Arul Murugan · Rating 5 out of 5]

Excellent book

It is very good and useful book to understand the basic of Mutual funds even for layman in simple language and gave so much useful points which is helpful for my investment

[Pankaj · Rating 4 out of 5]

Great starting point for beginners

Good for beginners, it can be used as a good starting point for investment in Mutual funds, however more emphasis could have been given on selection of mutual funds.

[Dipinty · Rating 3 out of 5]

Its a great book for novice mutual fund investor.

The book is all about an overview of the questions asked by novice investor, if you have some knowledge and know something about mutual fund you can skip this.

[Sanjoli Shrivastava · Rating 5 out of 5]

It's a good book to get you started with investing in Mutual Funds. It gives basic understanding of different types of mutual funds , helping you to create a financial portfolio according to your risk appetite.

[M .S. Karande · Rating 4 out of 5]

Very Good Book for Beginners

Yes I would recommend it for Beginners. The concepts are explained in simple and easy manners so that they could be easily grasped.

[Prateek Sharma · Rating 4 out of 5]

A book to answers some basic questions of the ever changing mutual fund industry.

[Vikas Kumar · Rating 5 out of 5]

Must Read.

Material was extremely well presented and explained without using complex jagron. Was really helpful for a 'lay man' in financial terms like me. Strongly recommended for beginers looking for some insight in mutual funds.

[Siddhant Soni · Rating 5 out of 5]

This book is absolutely the best book in the market for a person who’s new to mutual funds. Can’t thank the author enough. It’s so cheap and yet informative.. It’s so crisp and to the point! Mind blown, thank you so much for this!

[Viswanatha B · Rating 5 out of 5]

Investor Guide Beginners or veterans

This book is worth like an investment, be it beginners or veterans reading this book before investment in Mutual Fund will give the readers indepth details which helps investors lifetime guding light barring time to time change in Mutual Fund

[Ravi · Rating 5 out of 5]

Explains everything about MF

It gives all information about mutual fund ,it classifies many schemes,explains pros n cons of investing money in mutual fund.Good overall read

[Kathirvel Rajendran · Rating 5 out of 5]

Excellent book. It is clear all the doubts about the mutual fund. I recommend this books who are interested to know about Mutual Fund.

[Puneet · Rating 5 out of 5]

Must read book for beginners who no nothing about mutual funds.

[Thangamani · Rating 5 out of 5]

Simple and Clear for beginners....

[veto · Rating 5 out of 5]

Very good, simple and practical info for mutual fund investors. Good for any beginner.

[Mohan · Rating 5 out of 5]

Great book to get started with mutual funds. Explanations are crisp and understandable. Almost all of the questions what a beginner investors would have is clarified well and good.

[Adithya N G · Rating 5 out of 5]

This is All you Need

The only mutual fund guide you'll need to have to understand everything in detail about mutual funds in india very much recommended for beginners.

[Alok Singh · Rating 4 out of 5]

Good bool for mutual fund knowledge from basics to advance. Anyone can understand the basic concepts which written in very simpler manner.

[Suyash Tuppekar · Rating 5 out of 5]

Extremely satisfying read

This is the best book to know everything about investment in mutual funds. Very helpful for new as well as seasoned investors

[Pankaj Patil · Rating 4 out of 5]

Great read for beginners.

It has answered all the questions in very detailed ways with necessary examples to understand Mutual Funds in India.

[Nisha Bhatia · Rating 5 out of 5]

To the point

No beating around the bush. Very clear explaination of things to consider. Recommended for beginners and people interested in growing their investments.

[Dayananda Aswathaiah · Rating 3 out of 5]

Well, good for a starter. Doesn't gear you up on personal finance completely. It eductaes you just enough to understand everything financial advisor talks about. Please give it a read for ABCDs of personal financing only.

[Abhishek Lodhi · Rating 4 out of 5]

Its like a guide book which take u through the roads of Mutual funds explained in simplest style and elaborate with pros and cons of different categories of MF. A good book to understand MF in nutshell.