Imparting financial education helps to create an informed client base. Financially literate clients understand their MFD’s recommendation better and also make quicker investment decisions. To partner with MFDs in their financial education initiatives, Cafemutual has recently launched its new new book for your clients titled ‘Making Money through Mutual Funds’.
MFD Suda Bhanu Prasad of Paisa Health featured Nishant Patnaik, Associate Editor, Cafemutual on his YouTube channel - Paisa Health to get some insights on the book. Here is a sneak peek of the online interaction.
Creating an informed client base
The book has adopted a straightforward approach and gets directly to the point to eliminate the confusion caused due to online information overload. It shares pertinent information simply and concisely.
Each topic is curated thoughtfully keeping in mind the needs of existing as well as new investors. Further, every concept is introduced in a sequential manner which is tailored to suit investors’ comfort. The book introduces readers to the functionality of mutual funds, definition of debt and equity, understanding returns, behavioural biases, wealth preservation and much more.
The uniqueness of the ‘Making Money through Mutual Funds’
The book is easy to comprehend and offers real-life case studies to which investors can relate. It also independently addresses things to keep in mind across varying investment horizons and thus has something in store for every investor type.
Another interesting fact about the book is the risk profile questionnaire comprising eight questions; investors will be able to understand their risk appetite by taking this test. Yet another striking feature is the ‘Frequently Asked Questions on Mutual Funds’ section, through which the book covers detailed answers to questions that investors usually have.
Saarthi Zaroori Hai
The book strives to help investors understand the concept of mutual funds and how they work in a very simple and meaningful manner.
FOMO (Fear Of Missing Out) and other behavioural biases drive investors to explore new trends like direct equity, bitcoins, etc. People typically find it difficult to acknowledge their biases unless pointed out by a trusted person. MFDs help investors to identify and overcome these biases.
MFDs play very important role in the wealth-creation journey of investors and which is why we wholeheartedly believe - Saarthi Zaroori Hai.
You can click here to know more about ‘Making Money through Mutual Funds’ and grab a copy.
Also, you can click here to view the video on Paisa Health’s YouTube channel.
