Business Today

The Shrinking Money Pot

Rahul Sharma, a software engineer at one of India’s bellwether IT firms, opened a demat account in 2021 after looking at the zooming stock markets. Since it was his first time investing in a new asset class, he chose the relatively simpler route of mutual funds (MFs) to invest in overseas stocks. Following his research, he began by investing in ICICI Prudential Bluechip Fund, Parag Parikh Flexi Cap Fund, and Motilal Oswal S&P 500 Index Fund. Not long after, what jolted him was the

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