A decade ago, a very good thing happened in the global economic slowdown of 2008-09, a decade ago. As there was a sharp decline in the stock markets around the world, in that case some problems and problems related to the stock and investment markets were also revealed, which could not come in the normal state. We talked to an acquaintance a few days ago. They live in the UAE ie UAE.

In his statement he told how a multinational bank lost all his earnings. However, the UAE falls under a separate judicial jurisdiction. But in the anecdote he narrated, the saver is also Indian, the product in which the mutual fund he invested is Indian and the bank also operates in India. From this perspective, this story can prove to be very beneficial for all the readers whose relatives live abroad and invest capital in Indian market or investment products here. More important than that, the lessons learned from this whole event can be as relevant to Indian markets and investors as it is in the market where this story is.

For your information, let us tell you that this acquaintance or customer contacted a bank some time ago. That bank inspired him to invest in an Indian mutual fund product. According to the bank, the method of investment would have been such that the amount of return would have increased a lot. At least that is what the bank said at that time. The customer trusted the bank's story and agreed to invest. Was also ready to invest because that mutual fund is a very famous Indian financial brand. But the customer did not know that the product in which he has invested is a leveraged product and the amount invested by the customer in that plan was actually double that amount. This was double because the bank had invested the same amount. But the interesting thing in this was that the bank had raised half the amount by pledging the customer's money.

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