Key Points
The advisor, Noida-based Money Options, introduced them to diversified equity mutual funds and the Jains embarked on an investment journey that has helped them achieve several goals in the past 16 years, including buying a new car, partially funding their daughters education, and making the down payment of their apartment..
Had we not suffered a loss in the Reliance Power IPO, we probably would still be investing randomly in stocks on our own and might have missed the opportunity offered by mutual funds, she says.. This weeks cover story showcases women like Jain who have taken charge of their familys finances..
Some of them are driving the investment decisions of their household, while others are equal partners in financial matters. The International Womens Day this week is an appropriate time to celebrate such women who are working to spread financial literacy among their friends, relatives, and colleagues...
Now, she not only manages her familys investments in mutual funds but also advises her relatives and friends on mutual funds, helping them choose schemes and products that are aligned with specific financial goals...
Armed with good knowledge of the financial markets and mutual funds, Shah invests in stocks and equity funds, but has also invested in the Sukanya Samriddhi Yojana to lend stability to the portfolio...
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