Gurugram-based Harini Gopalakrishnan, 28, who works as a consultant for an audit firm, started investing in mutual funds through systematic investment plan (SIP) in 2017. “Earlier, I used to put money in recurring deposits every month. On maturity, I used to convert it into a fixed deposit or use it for my personal needs. I got to know about mutual funds from my roommate,” said Gopalakrishnan.
After reading about mutual funds on websites, she started putting aside ₹ 30,000 a month in mutual funds that focused on banking. A year later, she is extremely disappointed with the mutual fund returns. “My mutual fund investments are in the negative and I have already stopped my SIP. I am thinking of putting my money in infrastructure-focused mutual fund, as I feel the sector will pick up pace,” she said.
