This course will not only help people understand the basic concepts of investments and long term wealth creation through mutual funds but also guide them in analyzing their investment needs and selecting the right scheme to fulfill those investment needs. It will help them to develop a sense of financial planning and to follow a goal based approach to achieve their financial goals. It will provide basic understanding about risk appetite and asset allocation. Understanding about various type mutual fund schemes (Equity Schemes, Debt Schemes, Hybrid Schemes and Other Schemes) and their risk - return hierarchy will help investors to select the right scheme which can help them in achieving their investment objectives. Knowledge about taxation of various mutual fund schemes and type of return e.g. short term capital gains, long term capital gains and dividend income will help investors to plan their investments in a such a way that tax implications are minimal. It will also give them the understanding about the importance of portfolio review and re-balancing and various factors to be kept in mind. Awareness about various behavioural biases will help them control these biases. Case study on retirement planning will give you a sense about the corpus required to have a comfortable retired life and how to accumulate that corpus.