BUSINESS

Bajaj Capital unveils wealth creation guide

CHENNAI: Bajaj Capital, a leading financial planner, unveiled "Wealth creation guide" aimed at investors seeking to create wealth for themselves. Addressing presspersons here on Thursday, Rajiv Bajaj, Managing Director, Bajaj Capital, said, "While there may be several paths toward achieving wealth, the most successful wealth creators worldwide have focussed on financial discipline, systematic investments, asset allocation and a long term approach towards equity investments". T. P. Raman, Managing Director, Sundaram Mutual Fund, said the mutual fund route would be the preferred route for investors to invest in stock markets. In 2003 equity schemes of mutual funds outperformed the indices of stock exchanges achieving a growth of 150 per cent against 85 per cent growth registered by the Sensex (Bombay Stock Exchange sensitive index).

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