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HinduBusinessLine

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Prescribing a healthy way to wealth

  • The assets under management (AUM) in Indian mutual funds have crossed Rs 65 lakh crore, with over 10 crore systematic investment plan (SIP) accounts in operation, indicating significant financial participation by ordinary citizens.
  • The book 'The Health and Wealth Paradox' by Ankush Datar and Mihir Patki emphasizes the importance of financial literacy and the correlation between wealth and health in today's economic landscape.
  • The authors simplify complex financial concepts in the book, such as the power of compounding and delayed gratification, with relatable insights and anecdotes from figures like Isaac Newton and Rakesh Jhunjhunwala.
  • The Health and Wealth Paradox offers enduring principles and a holistic view of success in personal finance, making it a valuable resource for young professionals, new investors, and seasoned savers.

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