Self-study is the best study

Sixty-four-year-old teacher H L Chopra has been a student of personal finance for a long time. His favourite subject remains mutual funds. Having navigated a world where agents tried to cheat him with bad products, his 18-year-old mutual-fund career has its share of hits and misses. Ask him about his biggest lessons and pat comes the answer from this Faridabad resident, 'Avoid NFOs, ULIPs and LIC. Instead, promote the habit of systematic investment plans.'

This article was originally published on January 24, 2022, and last updated on September 26, 2022.