Mutual Funds Can Create Wealth For Generations

Mysuru-based Gowtham T.N., who works with a multi-national financial firm, has been investing in mutual funds ever since he met mutual fund distributor D.N. Prasad. Before meeting Prasad, Gowtham was mainly investing in traditional avenues like bank fixed deposits, bonds and post office investments. However, the returns from these instruments were unable to beat inflation and the ever-increasing costs of lifestyle. “I realised that it was easy to earn but when it comes to investing in avenues which could take care of inflation and augur well for my lifestyle, I had absolutely no choices,” says Gowtham. Prasad led him on the right course. “When I met him first, I could see Gowtham’s eagerness to create wealth. He was into traditional and conservative financial instruments,” says Prasad. Prasad spent time with Gowtham to understand what he wanted to invest...