New Delhi, June 25 -- Radhika Gupta, MD & CEO of Edelweiss Mutual Fund has a word of caution for ordinary investors looking for high returns without understanding the risks.
Noting that influencers push small investors towards "crazy investment opportunities" that are meant for more seasoned early stage investors, by playing on the FOMO (fear of missing out) factor, Radhika Gupta pointed to the HDB listing share price as lesson.
Writing on social media platform X (formerly Twitter), Radhika Gupta said, "'Industrialists and celebrities are going crazy over this one investment opportunity. It's not mutual funds or real estate. Are you missing out?' Says one influencer video telling people to invest in UNLISTED stocks," she said.
She note...
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