Aashish Sommaiyaa contends that the long-term average return of the Indian market is roughly 14-15%, making it the baseline for reasonable investor expectations.

“if you invest in good mutual funds you may have got 16 17 or you know somebody says forget mutual fund index itself is 14 why I said base rate means that if you get 14 15% that's the long period average that's how it works”

A very good financial advisor can outperform the vast majority of professional fund managers.

“So in this given situation today I can say with Sharon with confidence that a very good advisor can outperform 90% of the fund managers.”

When selecting mutual funds, investors should evaluate the specific fund manager rather than just the brand name of the fund house.

“I think the best way is to follow the fund manager not the fund.”

The simplicity of a mutual fund portfolio, combined with careful selection based on risk parameters rather than just past returns, is the ideal way to build wealth.

“I have made a lot of mistakes that helped me understand that the simpler your investments are, the better it is.”

Investors should build resilient portfolios by diversifying across different assets rather than chasing individual popular themes.

“A diversified multi-asset portfolio will generally deliver that type of outcome. It may not give you the highest return but it will ensure you never have the highest fall.”

Long-term investment in mutual funds can yield significant returns, as historical data shows funds have multiplied wealth by hundreds of times over three decades.

“If we let if it if we invest the money and let it be, it can go up 300 times.”

Most active mutual funds fail to outperform the Nifty benchmark over the long term, making passive index funds a better choice for most investors.

“82% active mutual funds made less than a nifty benchmark index.”

Investors should not allocate money to equity if their investment horizon is less than five years.

“So, below 5 years don't even touch equity. >> I won't. I won't. Especially in markets like this.”