Back in 2012, I interviewed the late Parag Parikh when he was about to launch PPFAS Mutual Fund. Besides his contrarian investing style, the one thing that stood out about him was his refreshingly candid take on things. This was when mutual funds were witnessing outflows for years and assets under management stood at a little over Rs 5 lakh crore - largely debt-oriented. When I asked him how he planned to garner investments at a time when mutual funds weren't in favour, he said: "By being on the side of the investor". He then pointed to a note he had gotten stamped on the physical prospectus of the AMC's inaugural equity fund that said: "Please do not invest in this fund if you can't remain invested for at least five years". I can't draw a straight line from the note to PPFAS' outperformance over the past decade, and the swelling of its assets. But surely, sobering investors' expectations when the temptation is to oversell helps attract...
Rajkummar Rao won the Best Actor Award at Filmfare 2023 for his role in Badhaai Do . The film, directed by Harshavardhan Kulkarni, also won the Best Film (Critics) Award. Now, the actor has written a note about the “wonderful evening.” He also congratulated Alia Bhatt for her “big win”. She won the Best Actress Award for Gangubai Kathiawadi. Sharing a picture of himself and Alia posing with the coveted trophies, Rajkummar Rao wrote, “Such a wonderful evening it was. So many deserving people got the awards. Was truly happy to see # Vadh winning some important awards and #Badhaai to Alia Bhatt for her big win. Truly deserving. @filmfare.” Replying to the post, Alia Bhatt dropped red hearts. Aparshakti Khurana and Harsh Varrdhan Kapoor followed suit. Oscar-winning producer Guneet Monga dropped a black heart under the post. View this post on Instagram A post shared by RajKummar Rao (@rajkummar_rao) Rajkummar Rao's wife, actres...