For K Srinivasalu from Ongole in Andhra Pradesh’s Prakasam district, ‘investment’ only meant parking his money in insurance schemes. That was till last year when a friend talked him into considering mutual funds (MFs) for better returns. It’s been six months since the 35-year-old started a systematic investment plan (SIP) in an equity MF.
Tuticorin-based Dr P Poornima, meanwhile, has increased her SIP investments in equity MFs by 40 per cent. “Real estate and gold have turned unstable. ..