Your Money, Manage It Your Way

Dr Vishal Mishra made quite a bit of fame and fortune in the last 10 years as a practising general surgeon. His busy schedules would leave him little time to manage his finances efficiently. Although aware of the risks and returns of the stock market, he stayed away from securities because of his lack of expertise in trade. Instead, he locked all his money in bank fixed deposits and physical assets, including gold. That was the system until Dr Mishra one day stumbled upon the concept of portfolio management services. Today, five years on, a large chunk of Mishra’s portfolio comprises a mix of blue-chip and mid-cap stocks across sectors. A portfolio manager helps him handle his investments more effectively now. Earlier, only high networth individuals could afford to buy portfolio management services. But, as increasing automation restructured modern-day financial services with the...