Many mutual fund advisors and managers often speak about the importance of investing in equity mutual funds with a horizon of at least seven years. Ever wondered what is magical about the number 7? Subir Jha, Founder, Buckspeak, a Hyderabad-based wealth management firm, resolved the mystery of the number 7 for the participants at the ET Wealth Investment Workshop (ETWIW) held in Hyderabad on October 4.
Subir Jha explained that historically seven years is the minimum holding period, whic ..