Only 3% of equity investors create wealth. Why? And who are those 3%
- Arpita Gupta
- Aug 25, 2023
- 1 min read
Updated: Aug 28, 2023
"Mutual fund sahi hai" proves true only for a small 3% of investors.
Here's what happens to the rest -
- 50% equity mutual fund investments get redeemed within a year (FY22-23)
- 73% within 2 years
- Only 3% of investments crossed 5 years.
- These 3% investors will create wealth.
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Time and Temperament > Intelligence and timing
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Source: Gurmeet Chaddha, Twitter handle
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