I know you’re having a hearty laugh but come on, let’s look into it a little further. We, moms, actually play a vital role in managing the family finances. FOR FREE! And, mostly, with no one’s appreciation.
We have a list in mind of our family’s financial goals, like saving for education or a wedding. Some of us also have unspent cash stashed away without the husband’s knowledge. Hahaha! We also make sure we mostly spend on what we need. We teach our kids the value of money. We aim and look at the big picture while regularly monitoring how we want things to be done. So, we are contributing to the family finances, right?
A mutual fund is when a pool of money is managed by a professional Fund Manager. So, aren’t we like mutual funds?
Investors should deal only with Registered Mutual Funds, to be verified on SEBI website under Intermediaries/Market Infrastructure Institutions”. Refer to www.assetmanagement.hsbc.co.in for details on completing a one-time KYC (Know Your Customer) process, change of details like address, phone number etc. and change of bank details, etc. For complaints redressal, either visit www.assetmanagement.hsbc.co.in or SEBI’s website www.scores.gov.in . Investors
may refer to the section on ‘Investor Education’ on the website of Mutual Fund for the details on all ‘Investor Education’ on the website of Mutual Fund for the details on all ‘Investor Education and Awareness Initiatives’ undertaken by AMC.
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Wasn’t that a short and informative read? Do let us know who you think mutual funds are like.
This blog post is part of the blog challenge ‘Blogaberry Dazzle’
hosted by Cindy D’Silva and Noor Anand Chawla
in collaboration with Zariya Healings.
6 Comments
I am really bad at handling finances. The only investment I do is mutual funds and SIP. Love the way you have compared moms to mutual funds. I am really in awe of how my mom used to make do with meagre funds yet give us the best of evrything.
I really like your infographic. Moms are a pool of long-term love and growth. Their only interest is your progress and mutual funds are also long-term investment. I prefer to take a financial advisors help to understand the market risks though.
hahaha… never looked at it this way but after reading your blog Cindy, I get where ur coming from. a lot of the things that u have written about what mothers do, I don’t, so my focus went that way instead of learning about mutual funds… 😛. I hope it is normal to feel that way.
I’m sure you are somewhat like mutual funds as a mom anyway, Kaveri.
That was quite a befitting analogy about motherhood and Mutual funds, how you can fall back upon them and trust them to take care of you in bad times. You presented this Investor Education & Awareness Initiative in a very engaging way. Kudos!
Thanks, Preeti. But I cannot take all the credit for the comparison! 😉