Little Girl's Strong Financial Understanding Catches Paytm CEO's Attention
NDTV
In the video, the little girl explains what is mutual funds and why one should invest in them.
Mutual funds have become a popular option for a wide variety of investors. Now, a little girl's strong financial understanding of mutual funds has caught the attention of Paytm CEO Vijay Shekhar Sharma. Mutual Fund Sahi Hai ✅ https://t.co/m5Oc5aI2B3
Posted by a Twitter user, Swati Dugar, the video shows a 7-year-old talking about investing her saved money into mutual funds. The caption of the video reads, "What my daughter intends to do with her Diwali Shagun envelopes."
In the video, the little girl explains what is mutual funds and why one should invest in them. In the video, she says, "Mutual funds people know what companies are good and what companies are bad. And if they (mutual funds) invest in that (good) companies, the company might make some profit and my money will also start to increase."
Further in the video, the mother asks the child how long she wants to invest her money into mutual funds. She responds, "10 years." The little girl also clarifies that you may not always make a profit with mutual funds, sometime you may also bear the loss.
