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What hasn't changed in 23 years

Markets change, rules multiply, but the fundamentals of wealth creation remain stubbornly the same

What hasn’t changed in 23 yearsAnand Kumar

हिंदी में भी पढ़ें read-in-hindi

Twenty-three years ago, when we published the first edition of Mutual Fund Insight, various issues troubled investors. The Sensex stood at 3,100; there were just a handful of fund houses, and investing meant physical forms and mailed statements. Since then, the world of mutual funds has transformed. Digital platforms replaced paperwork, fund options multiplied, and information exploded. And yet, as I read this month’s cover story, 10 debates that investors waste their time on, I’m struck by how little has changed where it matters. The debates may have new packaging, but the confusion remains the same. In 2002, investors fretted over growth versus dividend funds. Today, it’s active versus passive. Back then, they worried about fund house&r