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https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4638| Title: | Wealth Creation Using Mutual Funds |
| Authors: | Umapathy, Gnaneshwar |
| Keywords: | Index funds Standard Deviation Sharpe Ratio Annual Step-up |
| Issue Date: | Dec-2023 |
| Publisher: | The Financial Research and Trading Laboratory (FRTL), IIM Calcutta |
| Abstract: | Wealth hasthe ability to control human’s emotions.A person’s happiness will be fulfilled withexcess wealth. For building excess wealth a person must be prepared to invest for a very long time. With wealth creation, we will be gaining financial security, will be having the ability to create jobs and improve our quality of life. Investing in the right financial product like mutualfunds will pave us the way for financial freedom. When it comesto investment, two things aremandatory one is consistency and the other one is time. With these two factors we will be ableto compound our wealth. This article covers about the ideas for wealth creation using mutual funds, the ideas have been established with statistical and mathematical analysis. |
| Description: | Biosketch: Gnaneshwar Umapathy is a third-year undergraduate student at VIT Vellore majoring Electronics and Instrumentation. His interests lie in the field of Finance and about stocks and mutual funds as a tool for wealth creation. He also did two-month internship at ICICI Prudential and gained insights into mutual funds |
| URI: | https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4638 |
| Appears in Collections: | Issue 3, December 2023 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Wealth Creation Using Mutual Funds.pdf | Wealth Creation Using Mutual Funds | 11.39 MB | Adobe PDF | View/Open |
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