New Delhi: Paytm CEO Vijay Shekhar Sharma is mighty impressed with a little girl’s strong financial understanding of mutual funds.
A Twitter user, Swati Dugar, posted the video of 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.” Watch it here:
The mother asks the child how long she wants to invest her money into mutual funds. “10 years,” says the little girl clarifying that you may not always make a profit with mutual funds, but sometimes, you may also bear the loss.
Paytm CEO Vijay Shekhar Sharma shared the video on his Twitter handle with the caption, “Mutual Fund Sahi Hai.”
The video has garnered more than 3,000 views, 51 likes and several comments. A user commented, “OMG, this is unbelievable & lovely. Which class she is in? Do you think she is ready for her first session on an evolved view of @passivefool on Mutual funds.” Another user commented, “So impressive! Made me recall my first investment which I did when I was in class 1.”
The third user wrote, “She can go for the Mutual Funds Sahi Hain campaign.” An entrepreneur who knows how to invest. You’ve a prodigy for a daughter,” the fourth commented.
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