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A story of Nasik-based MFD Ajay Kale who helped his client, a retired teacher from Mumbai accumulate a Rs. 1.10 crore investment corpus for her future. This story serves as an inspiring example of the power of trust and long-term financial planning for 29 years.
A Mumbai-based teacher retired in her 60s and post-retirement settled down in Nasik. After her retirement, she decided to invest her hard-earned savings for her future.
The retired teacher went up to MFD Ajay Kale and explained her objectives. Ajay assisted her in making a mutual fund investment after understanding her future objectives.
In the year 1994, with a modest sum of Rs. 3 lakh, she took her first step into the world of investments.
She had no idea that this investment of Rs. 3 lakh would grow into something much more significant over the course of the following 29 years.
A key to this achievement was the trust reposed by her in her distributor, Ajay Kale and long-term commitment. She entrusted Ajay with her financial future, and in return, Ajay ensured the success of her portfolio. Despite the ups and downs of her investment, Ajay's client remained patient and committed to her long-term financial goals over the years.
The client's money grew progressively over the course of 29 years, eventually reaching the incredible sum of Rs. 1.10 crore.
Furthermore, at the age of 90, she continues to manage her investments and even donates a portion of her investment profits to charitable organizations.