During
the last 1-2 years, the retail participation in the equity
schemes has increased and the same is visible in terms of
increase in AUM under equity schemes.
During
the last 1-2 years, the retail participation in the equity
schemes has increased and the same is visible in terms of
increase in AUM under equity schemes. Funds under management
of equity schemes have increased from the level of Rs. 10,000
cr as on April 30, 2003 to Rs. 37,309 cr as on April 30, 2005,
a 273% growth during the period of two years. This is a healthy
trend for the growth of the fund and for the stability of
the market.
Canbank,
being a pioneer in the mutual fund industry, is focusing on
retail investors and helping them to derive maximum benefit
from the mutual fund investing. Benefits of mutual fund should
reach maximum number of investors beyond metros and cities.
We are holding investors meets, in big and small groups at
various centers across the country and also creating awareness
through advertisement in press/media, distribution of booklet
on investor education etc. This is an ongoing exercise for
the fund.
By
and large the small investors are not fully aware of the risk
involved in direct equity investment. Equity is high risk
and high return investment. Investors should be aware of the
risk associated with the equity investments. During the boom
period, small investors, however well-informed, do commit
mistake by falling prey to the market gossip and adopt herd
mentality without proper assessment of risk. |
