RUDDERLY MENTORSHIP PROGRAM

Professions from the industry take you under their wing. Personalised 1-1 mentorship

BECOME A MENTOR

GIVE

BACK

FLEXIBLE TIMING

ALTERNATE

INCOME

OPPORTUNITY TYPES

GOT WHAT IT TAKES?

• Companies

• Freelancer

• Agencies

• Investment

• Bank

• Stock Market

• Life Assurance Companies

• Stockbrokers

• You would be interested in specializing in a particular geographical market, industry or asset class

• You have liaised with investment analysts and salespeople

• You can research markets and apply findings from investment analysts

• You prefer using statistical methods to obtain, interpret and present information

• You know how to dead and manage clients; meeting investors to discuss investment strategies

• You can assess the financial value of goods, buildings or services

KEY OPPORTUNITIES

• Aditya Birla Group

• Kotak Mutual Fund

• Larsen & Toubro

• State Bank of India

• Groww

• ICICI Bank

• SBI Mutual Fund

• Axis Mutual Fund

• UTI Asset Management

• Association of Mutual Funds in India

Books

Podcasts

Networking Groups

• How Fund Managers are Making You Rich

• Everything You Wanted to Know About Investing in Mutual Funds

• The Fund Industry

• The Mutual Fund Industry

• Mutual Funds

• Mutual Fund Industry

• The Little Book of Common Sense Investing

• More Money Than God

• A Random Walk Down Wall Street

• Quality Investing

• Finance Blog

• Invesco 

• Macro Voices

• Invest Like a Boss

• The College Investor Audio Show

• Investing Insights

• Money For the Rest of Us

• Invest Like the Best

• The Stacking Benjamins Show

• We Study Billionaires

• Alternative Investment Fund Managers Directive

• Mutual Fund and Investment Careers

Interesting Facts about the career

• Humanly, Outperformance Not Possible

 Fund managers suffer from trying to consistently and continuously outperform the markets which is humanly not possible for the whole group. The fact of the matter is that most people have no reason whatsoever to believe that they can pick winning stocks or time the markets. Their success at it would be like throwing darts at the financial pages.

• Success Linked to ‘AUM’ and Not ‘Returns’

This is a sad reality of the fund management industry. There is no strict alignment in the interest of the fund manager and the investor. Return is the prime objective of the investor while garnering larger assets under management (AUMs) is the prime objective of the fund manager. For the investor, an MF scheme earns him money from his investment while, for the fund manager, earnings are linked to the AUMs he manages. Yes, of course, if a scheme performs well, it would be able to garner more assets and, thus, earn more return for the fund manager. However, notwithstanding this, the fact is that, in their quest of garnering more assets, MF schemes end up with dubious practices, such as pushing more schemes in a bull market or wrong kinds of products to take advantage of savers’ lack of knowledge.

• Cannot Practise What They Preach

A fund manager will educate an investor to be patient with equities as they constitute ownership of a business which creates wealth over the long term. But are they themselves able to actually follow what they preach? May be not always. This is because the net asset value (NAV) of the scheme is declared on a daily basis and their performance is measured on a weekly, monthly or quarterly basis. If the fund manager were to follow his brain and do the right investments, his heart would bleed as he loses AUMs and, probably, his job.