Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
Former UTI CEO Leo Puri to take charge of JP Morgan India | Kalpana Morparia will retire after 12 years
Former CEO of UTI, Leo Puri will take over as chairman of foreign investment bank JP Morgan India. Kalpana Morparia, a well-known banker, will retire in the first quarter of 2021. Morparia commended the bank for the last 12 years. This change has come when the Supreme Court has ordered the attachment of JP Morgan's property in the Amrapali Group case. The bank has given information in its internal memo that Leopuri will take charge of the bank. However, Kalpana Morparia will continue in office till then. JPMorgan has said that Kalpana Morparia, chairman of South and South East Asia, appealed to retire from the company. She will remain in the bank until the first quarter of 2021. She will also continue to help the bank in South and Southeast Asia. The reason is that the company and customers are trying to balance with the new economic and work environment. Kalpana Morparia worked at ICICI Bank for 33 years before joining JPMorgan. During his tenure, ICICI Bank CEO was KV...