65% CAGR IN LAST 4 YEARS

• Mukund M. Daga
• March 12th, 2020
• Nashik
• 1835
• 1

I started investing in stock market since my college life. Later, my hobby became my profession. From 1992 I became a sub broker of a BSE member broker.

Based on my clients demand, market situation & dynamics, I have realized that mutual funds distribution business has great potential. Because our nation has emerging market status & fastest growing economy in the world, investors may get a double digit returns for next 7-10 years. So, I have concentrated on mutual fund business which has low cost, is transparent with moderate risk as well as a win-win situation for all of us.

My AUM was less than 1 crore till Mar’2014. I started focusing on mutual funds from April’18 and my current AUM is 13 crores, achieving CAGR is 65% p.a in last 4 years. I have 350 clients & SIP book size of 13 lakhs. I have seen that mutual fund investors are calm and cool as compared to direct equity investors. Because of this, wealth creation happens & they can easily fulfill their dreams.

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