Guest column: Why 99% Indians don’t see the SIP route to wealth creation
By Nilesh Shah, MD, Kotak Mutual Fund.Honest wealth creation has a formula. Have something to sell - product or service - which many people want to buy, or are willing to pay good money for. Save a portion of that money. Invest that money in things that return more than inflation. Keep your wants limited. And be debt free.
It's at the place where you must invest in instruments higher than inflation, where equity mutual fund comes in. Mutual fund is premised ..