"I recommend this book to everyone who wants to make informed investment decisions" — Shekhar Sathe, Kotak Mahindra
"The best book for understanding (Indian) mutual funds" — M. Subramanian, CEO India, Barclays Bank Plc
Like in the US and Japan, mutual funds are becoming an indispensable investment avenue for Indian investors. This comprehensive handbook by an expert lays out the working of Indian mutual funds, their operational and regulatory mechanisms, the advantages and limitations of investing in them along with sensible approaches to personal financial planning. The author’s experience of handling hundreds of training programmes ensures an engaging and easy to understand approach to mastering the subject.
■ Benefits of investing in mutual funds; how they compare with other investment avenues.
■ The different types of equity, debt, balanced and liquid schemes available for investment — and the rewards and risks each one entails.
■ NAV — what it reveals, its calculation and finer nuances.
■ The costs of investing in mutual funds — loads, expenses and management fee.
■ Investing in gold, real-estate and art through mutual funds.
■ The safety net of mutual fund investing — information disclosure and investor protection stipulated by SEBI.
■ New in 5th Edition — SEBI's net mutual fund categories.
5th Revised Edition with a new chapter
Sundar is renowned as an effective trainer, who can simplify concepts, and catalyse learning through linkages with day-to-day examples. He operates with equal ease at macro-level perspective programs as well as micro- drill-down programs. His programs, which cover the entire range from leadership to product to selling, are not merely for knowledge dissemination; they seek to bring change within participants, so that they are enthusiastic about the desired behaviour. Over the years, Sundar has trained over 20,000 participants across a range of innovative programs.
Sundar has worked in senior capacities at Bajaj Auto and Kotak Mahindra. His hands-on feel of financial markets and industry is well complemented by his academic qualifications — Post-Graduate Diploma in Management from Indian Institute of Management, Ahmedabad (1988), Associate of the Institute of Company Secretaries of India (1992) and Associate of the Institute of Cost Accountants of India (1988).