Srinagar, Feb. 6 -- Wealth creation is akin to investing in tangible assets like real estate, such as land in Kashmir, or precious metals like gold. These assets require time to appreciate in value. Similarly, wealth generated through the stock market necessitates a stable mindset amid volatility. While it is true that stock markets can be unpredictable, an investment philosophy focused on long-term growth will allow you to weather these fluctuations.

To create wealth through mutual funds, investors must cultivate the virtue of patience. The journey to wealth accumulation is not about seeking instant gratification; instead, it involves a strategic approach centered around long-term gains. Understanding the concept of Compound Annual Grow...