The Economic Times

When a billionaire's driver earned 1.6 times higher returns than his wealthy boss. Mutual fund CEO shares a real life lesson

Kalpen Parekh of DSP Mutual Fund highlighted how systematic investment plans build wealth for retail investors, citing the return of a billionaire vs his driver. Dhirendra Kumar of Value Research advises against market timing, saying it is difficult to achieve consistently and very few have been able to do it over a period of time. Focusing on accumulating mutual fund units through SIPs builds real wealth over time, he suggested.