These are the stories of some of the smartest investors in India-the star fund managers-who were instrumental in creating a `20 LAKH CRORE mutual fund industry. What were the strategies that made these fund managers such legends? How did they grow the riches of crores of ordinary investors? How Fund Managers Are Making You Rich takes an in-depth look at the rarefied world of fund managers and discloses the basic tenets of investing in the stock market. From Prashant Jain and S. Naren to Kenneth Andrade and Anoop Bhaskar, this book reveals how each one of them identified their biggest winners and the strategies and tactics used by them to stay at the top of the game. Quite a few of the celebrated fund managers are now successfully running their own investment companies. This book also traces the journey of the stock markets through the numerous boom and bust cycles, and its present state
The book is about mutual funds evolvement and growth in India and the fund managers investment styles to make money in the Indian stock markets. Pravin has captured the sequences well from his and has described well the investment philosophy of the fund houses and also the managers running the fund houses. I have been investing in mutual funds but didn't know how each of the fund houses got evolved in the Indian market nor the investment styles that the fund managers follow nor was aware of the lows and highs of their investment and how some of them had the patience through their convictions and waited till results happened. Good book for someone who wants to understand the history of Indian mutual fund industry and start investing in the mutual fund industry as one can learn about most of the fund houses in India and their investment philosophy.
This is a good sequel like to Santosh Nair's Bulls Bears and Other Beasts as there are not many documented histories of Indian Stock Market. However, the commentary is biased at times, bland otherwise wherein excessive data is used to hide lack of storyline, not adding too much value. The author might be a good journalist but has no gift of writing. Hence, an average book.