Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4638
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dc.contributor.authorUmapathy, Gnaneshwar-
dc.date.accessioned2024-01-27T08:50:25Z-
dc.date.available2024-01-27T08:50:25Z-
dc.date.issued2023-12-
dc.identifier.urihttps://ir.iimcal.ac.in:8443/jspui/handle/123456789/4638-
dc.descriptionBiosketch: 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 fundsen_US
dc.description.abstractWealth 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.en_US
dc.language.isoen_USen_US
dc.publisherThe Financial Research and Trading Laboratory (FRTL), IIM Calcuttaen_US
dc.subjectIndex fundsen_US
dc.subjectStandard Deviationen_US
dc.subjectSharpe Ratioen_US
dc.subjectAnnual Step-upen_US
dc.titleWealth Creation Using Mutual Fundsen_US
dc.typeArticleen_US
Appears in Collections:Issue 3, December 2023

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