Tuesday, 13 February 2018

TitBit - 26

TITBIT - 26 - Putting their money where their mind is

Date: 11-02-2018

Top executives reveal their traditional method of saving, as well as the new age idea that they invest in.

ASHISH GOEL, Cofounder, UrbanLadder
"Mutual funds provide me with fluid investment options that are closer to traditional investments, but also reliable from a long-term perspective"

NITHIN KAMATH, CEO, Zerodha
"For traditional investments, SIP in an ELSS is a must; it reduces the risk from market volatility"

DIVYANK TURAKHIA, Founder, Media.net
"Whether you use ETFs or mutual funds, deploy only as much that will allow you to stay invested across a long multi-year time frame"

ANANTH NARAYANAN, CEO, Myntra
"For higher returns, I invest in mutual funds"

KARAN BHAGAT, CEO, IIFL Wealth
"My asset allocation has always been heavily skewed towards equity. I am a long term buy-hold investor, I do not try to time the market. My core equity portfolio is diversified mix of direct equity and mutual funds"

Key take away: Mutual funds are indispensable part of the investments

Read More:

1) Source TOI 10-02-2018 - https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/#


2) Previous tidbits : https://radhaconsultancy.blogspot.in/2017/04/asset-allocation.html

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