Moolah, Big Returns Excite Bharat

Anita Devi (32), a widowed housemaid and a mother of two children wanted to make more out of her meagre savings of Rs 8000 per month. Her bad experience with chit funds (committee funds) and visiting a bank always intimidated her, in addition to savings bank or fixed deposit accounts not being attractive due to their low returns. “I want an investment which will take care of my children’s future. My exposure to mutual funds have given me a confidence that am making the right investment”, says Devi who works in eight houses at Jolly Grant, Dehradun District. Like her, there are many in the hinterland of India who have found Mutual Funds as a new and refreshing investment option, thanks to Nivesh.com. Parvez Alam, a milkman, Sunil Singh Khattri, a tailor, Deepak Singh a grocery shop keeper have started investing Rs 500-Rs1000 per month in Mutual Funds. “Proper...