SUNNY’S

MONEY FUND REVIEW STORYBOARD SIDDHARTHA SARMA ILLUSTRATION ANIRBAN BORA

CONCEPT UDAYAN RAY

Faced with an underperforming mutual fund investment, Sunny

gets investment advice from his father and, to his chagrin,
another unlikely source: his daughter.

UGH!!!!

Dad!
You are rich.
The mail says that you I have told you,
have more than `2 earlier as well, not to I didn’t do it!
lakh!!! open my mails! It was open only.

It is the account statement of one of

Dad, we have discussed this a
my equity mutual fund investment. My Dad, the problem with your MF
billion times before. With this
money has grown at only 6 per cent investing is that you don’t do
kind of inflation, without higher
annually in the past three years!! enough research before buying
returns I don’t have any hope
I don’t believe this. the schemes and then, you
of meeting higher education
don’t check out their
expenses of kids and
performance from time
my retirement.
to time.

You and your fancy

investments. Look at me
safe and secure with
my FD investments.
Greed is bad my son.

Vishal told me all this once Why, that brat and that magazine! Two
I mentioned some of the thorns in my flesh that just wouldn’t
schemes that I remember go away!!
you talking about. He
regularly reads
Outlook Money.

You seem to be
suddenly endowed
with financial wisdom,
my angel. What’s
the secret? Next tim
e:
TAXING
TIMES
Ms SINGH’S MONEY TIPS QUIZ
● Do not buy MF schemes based solely on their popularity and sales. What is the lock-in period of ELSS?
● Look at the long-term track record of the scheme before zeroing in. A. Three years B. Seven years C. Six months D. Five years
● Choose the SIP way to invest and diversify across schemes and Answer to the last quiz question: (D) 9 YEARS
fund houses. Winner of quiz in issue dated 6 April:
● Review after at least three years. Look at a fund’s performance against JAYANTA KUMAR PADMAPATI, ASSAM
its peers and benchmark. See if the fund has stuck to its initial objective.

http://twitter.com/OutlookMoney; http://www.outlookmoney.com/Facebook/financialplanning editor@outlookmoney.com

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