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10 Mutual Fund Books Every Investor Should Read

10 Mutual Fund Books Every Investor Should Read

Looking to gain expert guidance on your mutual fund investment journey? If yes, then you’re in the right place. Here we offer you the ultimate list of the best mutual fund books that should make it to your shelf. Let’s begin!

1.Indian Mutual Funds Handbook 5th Edition: A Guide for Industry Professionals and Intelligent Investors

Written by Sundar Sankaran, this book is a deep dive into the Indian mutual fund industry and offers well-researched arguments on why mutual funds are a good investment avenue.

2. Mutual Funds-Ladder to Wealth Creation

One of the best mutual fund books for beginners, this book written by Vivek K Negi is the perfect introduction to mutual funds. Pick up this book if you want to learn about the nuances of mutual funds and how to create wealth intelligently.

3. Bogle On Mutual Funds: New Perspectives for The Intelligent Investor

Authored by John. C. Bogle, founder of the Vanguard Group, this is one of the best mutual fund books. It redefines how you think about finance and offers an insightful guide to how you can make the correct choices for your investment portfolio.

4. A Guide to Indian Mutual Fund Investment

Dr Susanta Kumar Mishra analyses the risks associated with investments and the precautions you can take to safeguard yourself against these in this book. It also sheds light on how managers facilitate significant benefits from the capital market.

5. Mutual Funds Made Easy!

Gerard W. Perrit authored this book for newbie investors. It offers a step-by-step analysis of how to begin investing in mutual funds. The book also discusses investment risks, the importance of diversification, and more.

6. Mutual Funds for Dummies

In this riveting read, Eric Tyson helps you select the top mutual funds for your needs. It is specially written to help amateur investors begin their journey.

7. The Mutual Fund Industry: Competition and Investor Welfare

Considered one of the groundbreaking books on mutual funds, this work by R. Glenn Hubbard critically examines whether market forces actually safeguard investors from high fees with a focus on the industry’s growth in the last 25 years.

8. How to Make a Fortune Through Mutual Funds: Hunt with the Hounds

Ashu Dutt, a well-known financial expert, offers a comprehensive guide to investors seeking to scale mutual fund returns with proven tips, real-world examples and advanced investment strategies.

9. 108 Questions & Answers on Mutual Funds & SIP

Have questions about mutual funds? This book will answer all of them. Written in the format of FAQs, this book answers questions with real-world examples.

10. Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor

Get insight on the dos and don’ts of mutual fund investments from John. C. Bogle. This book discusses key concepts of mutual funds, benefits and more.

To Sum Up

Now that you have the ultimate list of the best mutual fund books, all that’s left is choosing the right financial platform for your mutual fund investments. For this, consider Tata Capital Moneyfy. Offering everything from mutual fund and stock investments to loans and credit cards, Tata Capital Moneyfy allows you to manage your financial needs on one single platform.

To learn more, visit the Tata Capital Moneyfy website today!

FAQs

What are some of the best books specifically on Indian mutual funds?

Here are some insightful books that focus on Indian mutual funds and personal investing:

  • Let’s Talk Mutual Funds by Monika Halan: It is an all-inclusive, beginner-friendly book. It explains mutual fund investing in the Indian context. The book covers fund categories, how to start a SIP, and aligns investments to real-life financial goals.
  • Mutual Funds for Wealth Building by Amlan Dutta: This book is simple and clear. It walks readers through the workings of Indian mutual funds, including asset allocation and goal-based planning.
  • The Wisest Owl by Anupam Gupta: This book offers a glimpse into India’s top investors and fund managers’ investing techniques via expert interviews. They provide views on how mutual funds fit into long-term investment strategies.
  • Fundamentals of Mutual Fund by Shankar K: A real and organised guide on everything mutual funds. From how they are regulated, managed, and evaluated in India to how it is suitable for students and serious investors.

Each of these books focuses on Indian tax laws, SEBI fund categories, and Indian investor behavior. Of course, there are other books that you can find online as well. 

Are there any books that explain the different types of mutual funds available?

Yes, several Indian personal finance books explain mutual fund types, including equity, debt, hybrid, ELSS, and sectoral funds, in simple terms.

  • Let’s Talk Mutual Funds by Monika Halan: This book has sections on fund types, risk classification, and how to pick the right one based on goals and investment horizon.
  • Mutual Funds for Wealth Building by Amlan Dutta: It breaks down diverse mutual fund categories, their objectives, and who should invest in each.
  • Coffee Can Investing by Saurabh Mukherjea, Rakshit Ranjan, and Pranab Uniyal
    While not mutual fund-specific, this book helps investors understand equity investing and long-term wealth creation. It is useful when choosing equity mutual funds.

AMFI (Association of Mutual Funds in India) also offers free investor guides that explain SEBI’s fund classification in detail.

What are the most important factors to consider when choosing a mutual fund book?

Before picking a mutual fund book, consider the following:

  • Indian Relevance: Make sure the book is written for Indian investors, covering SEBI regulations, tax rules (like LTCG on mutual funds), and domestic fund houses.
  • Author Credibility: Choose books written by experienced financial journalists, SEBI-registered advisors, or fund managers.
  • Up-to-date Content: Check the publication date. Choose books updated after SEBI’s 2018 fund reclassification and recent tax rule changes.
  • Clarity of Language: A good mutual fund book should use simple explanations, visual examples, and avoid financial jargon.
  • Practical Use: Look for books that offer step-by-step guidance, real-life examples, and advice on fund selection, SIPs, and portfolio building.

Which is the best book for mutual funds?

The most highly recommended book for Indian mutual fund investors is:

Let’s Talk Mutual Funds by Monika Halan

Why it’s the best:

  • Focuses entirely on Indian mutual funds
  • Offers practical advice linked to life goals
  • Explains fund types, taxation, SIPs, and asset allocation
  • Written by a SEBI-registered financial advisor and bestselling author

It’s ideal for both beginners and experienced investors looking to structure their finances using mutual funds.