When Rs19 trillion money is at stake, what goes inside your fund manager’s mind is extremely important. His expertise apart, a happy fund manager bodes well for the money that he is managing. However, with most fund managers earning more than Rs1 crore a year, is it just money that motivates them to do their job? Rs1 crore is not a small amount, and yet, in the last 2 years, at least nine fund managers have left the mutual funds industry, according to a data from Morningstar, a mutual fund research firm.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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