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In the memory of his wife Parul Gangar, Mulund MFD Nayan Ramniklal Gangar has conducted his first SIP drive in which he did 110 SIPs in a single day.
Overall, 110 investors participated in this drive to support Nayan.
Let us hear Nayan’s story in his own words:
I planned to conduct my first SIP drive in April last year on my silver jubilee wedding anniversary. My wife always motivated and supported me in this.
However, after a few days of preparation of our first SIP drive, we caught covid-19 infection. While I and my son recovered from it, my wife was admitted to the hospital for nearly five months. Unfortunately, I lost my wife in August 2021.
Since then, I went into depression. My family members and all my clients supported me in this tough time.
In February, I met my old friend from the mutual fund industry Mr. Chandur Bhaya of Shriram Mutual Fund. He motivated me to move on in life and advised me that I should finish our unfinished task. He helped me realize that it was dream of my wife that I conduct my first SIP drive.
I started meeting my existing clients who had invested through lump sum and clients who had not increased their SIPs for the last two years of COVID era. In these meetings, I told them about benefits of investing through SIPs especially in volatile markets like the current one. I explained to them about benefits of rupee cost averaging by showcasing my own investment portfolio.
Most of them showed their interest in participating in the SIP drive. In fact, a few clients also gave me a few references for the SIP drive.
BSE Star MF team has also helped me execute this SIP drive. In fact, I went to their office in Fort, Mumbai at the day of SIP drive to ensure seamless execution of the drive.
I thank all my friends in the mutual fund industry and all my clients and family for this successful drive.
This drive rejuvenated me and it has given me much needed confidence and motivation to lead a better life ahead. I will conduct SIP drives to keep growing my distribution business.
Finally, I thank my wife Parul. She is an inspiration to me.
Team Cafemutual wishes Nayan all the success in life and pray for the departed soul to rest in peace.
