Wealth Creation With Mutual Funds

On 15 February 2025, Outlook Money brought together financial minds for an insightful webinar in collaboration with LIC Mutual Fund, aimed at empowering investors with real-world knowledge.

The session, ‘Wealth Creation Through Mutual Fund Investments’, featured Nikhil Rungta, Co-Chief Investment Officer – Equity at LIC Mutual Fund, with Deepika Asthana, Co-Founder & Director at Eleveight, expertly steering the discussion.

Why Mutual Funds Could Be Your Smartest Financial Move

Kicking off the session, Asthana set a reflective tone, reminding participants that a new year offers the perfect chance to reassess financial goals and investment strategies. She wasted no time asking the big question: Can mutual funds genuinely help build long-term wealth?

Rungta’s answer was refreshingly candid: “It’s not about trying to predict the market’s next move—it’s about staying invested for the long haul.” He brought this concept to life with a relatable story about a couple who started small with SIPs (Systematic Investment Plans) and, over time, built enough wealth to secure their child’s education, buy a home, and plan a comfortable retirement. Their secret? Patience and discipline.

Key Takeaways You Can’t Miss

Rungta didn’t just talk theory—he laid out actionable steps for anyone looking to dive into mutual funds. His golden rule for beginners? Understand your financial goals and risk appetite first. Then, craft a balanced investment plan:

• 40%-50% in multi-asset funds for broad diversification,

• 30%-40% in diversified equity funds, covering large-cap, mid-cap, and multi-cap categories,

• 10%-15% in sector-specific funds for targeted growth.

SIPs emerged as a powerful tool for those looking to build wealth steadily, offering the twin benefits of disciplined investing and rupee cost averaging. On the other side, SWPs (Systematic Withdrawal Plans) were highlighted as a clever way to generate consistent income without disrupting your core investments.

Moments That Stood Out

One of the most relatable insights from Rungta came when he compared mutual fund investments to raising a child: “Think of it as your third child—it grows with you and, in your retirement years, it’s the one that looks after you.” This analogy resonated deeply with participants, offering a fresh perspective on the importance of long-term financial planning.

He also delivered a reality check for those waiting for the “perfect moment” to invest: “Markets don’t wait for anyone. The longer you sit on the sidelines, the more opportunities you miss. Even if there’s a dip after investing, staying in the market gives you a better shot at long-term gains.”

Why You Should Tune In

This wasn’t just another financial seminar—it was a masterclass in turning uncertainty into opportunity. From practical advice for first-time investors to advanced strategies for seasoned market players, this session packed valuable lessons for anyone serious about growing their wealth.

The conversation wasn’t about lofty theories; it was about relatable stories, actionable strategies, and the mindset needed to stay the course. If you’re looking for insights that can reshape your financial future, this is a webinar worth watching.

IEAP Disclaimer

Mutual Fund investors need to complete the Know Your Customer (KYC) process, which can be done by submitting completed KYC Form along with the required documents at any AMC’s branch Office or Official Points of Acceptance. Please refer https://niveshguru.licmf.com/KYCredressal.aspx to know about KYC documentary requirement, procedure for change of address, phone number, bank details etc. The investors are cautioned to invest only with SEBI registered Mutual Funds, the details of which can be verified on SEBI’s website under ‘Intermediaries / Market Infrastructure Institutions’ (https://www.sebi.gov.in/intermediaries.html.) For any complaints and grievance redressal, investors can contact the Investor Relations Officer of the respective AMC and if not satisfied with the resolution given by the AMC, he/she can approach SEBI by registering the complaint on SEBI SCORES Portal (https://scores.sebi.gov.in/) and/or escalate the compliant through Online Dispute Resolution Portal (https://smartodr.in/login).

Mutual Fund Investments Are Subject To Market Risks, Read All Scheme Related Documents Carefully.

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