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Reviewed by Christian Sia for Readers' Favorite
Mutual Funds: A Powerful Investment Avenue for Individuals by R K Mohapatra is an informative book that proposes a powerful tool and an opportunity for investment for readers. Written for a typically Indian market, this book contains critical information that readers need about mutual funds and explains why it is one of the big investment opportunities in India. While the author writes about mutual funds, he provides a lot of insight into the way that mutual funds work and tools that can help readers make the right choices when exploring the market.
In this book, R K Mohapatra defines mutual funds and explains how readers can make a fortune from it, discusses the pitfalls and the illusions that readers might have, shares insights on assessing a winning portfolio, provides tips on uncovering risk in mutual funds, shares valuable information on the prospect of mutual funds in India and what the future market might hold for readers. Among other things, the author discusses a variety of financial topics, including an analysis of HDFC mid-cap opportunities fund, the cost of inflation, long term capital gains tax, and most importantly, the list of assets in India.
The book is highly informative and offers a comprehensive study of the market, including the benefits of mutual funds, with detailed discussions on terms like equity, debt, and liquid funds. The writing is fluid and engaging and the author gets readers engaged from the very start to the end, thanks to the conversational tone in writing. Mutual Funds: A Powerful Investment Avenue is well-researched and it contains information that readers need to know if they want to explore mutual funds as a profitable form of investment. This book proposes a powerful opportunity for readers, a must-have for anyone looking to invest.