Apparently, there are savers& investors in India a large
number, actually- who think equity mutual funds (MFs) are a highly risky
investment avenue. By itself that's fine, because riskiness is a relative
concept.
But a survey that found this also found that a substantial
proportion of people thought that MFs were by far the highest risk investment
avenue. Much higher than even equity.
In this survey of investors in smaller cities the 15 cities
outside the 10 largest ones--as many as 83% of respondents said that said that
mutual funds were 'high risk', as opposed to 41% for equity.
And for that matter, 4% for insurance, 24% for company FDs, 26%
for bonds, 13% for gold and 30% for chit funds, among others.
Thus the mutual fund number was more than twice that of the next
highest, which happens to be equity.
How Much Risk?
Mutual Fund 83%
Equity 41%
Chit funds 30%
Bonds 26%
Company FDs 24%
Gold 13%
Insurance 4%
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