Stocks can be multibaggers. They can offer extraordinary returns in a very short period. Can mutual funds ever do that? This was a question thrown at Rajeev Thakkar, Chief Investment officer, PPFAS Mutual Fund, at the ET Wealth Investment Workshop, held in Delhi on February 15.
Thakkar explained to the participants at the ninth edition of ETWIW that the idea of a mutual fund is to average out the risk by investing in a basket of securities. “Mutual funds are designed in a manner where t ..