Excelsior Correspondent
JAMMU, Feb 15: A book titled “Mutual Funds: A Powerful Investment Avenue for Individuals” written by RK Mohapatra, General Manager, Finance of Ircon International Limited is getting an overwhelming response from readers, which was published by Blue Rose Publishers and launched in the World Book Fair 2020 in New Delhi.
Financial expert RK Mohapatra presented his new book to G Kishan Reddy, The Minister for Home Affairs, Government of India. The Minister while lauding the painstaking efforts of the author, emphasized the germane of mutual funds in India and articulate this book is a simple guide on mutual funds for the common man especially the youth.
The book in meticulous introduction running into 182 pages and six chapters is a simple guide about the Mutual Fund’s products that describes the benefit of investing in various types of mutual funds along with future growth of mutual funds in India.
The book reflects investors’ perspective on accurately handling their hard-earned money and enables them to fulfill their financial goals at the right time and in the right place by investing in right mutual fund schemes.
The author’s vast experience of personal and retirement planning helps readers to understand the subject effortlessly, creating wealth through Systematic Investment Plan (SIP) and other modes in the long-run.
As an expert, Mohapatra delved into mutual funds operational and regulatory mechanism, types of mutual funds and its return and risk, portfolios allocation and tax implications, measurement of risk in mutual funds and its prospects in India.
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