India, Aug. 6 -- Gajendra Kothari, the co-founder of Etica Wealth, has revealed that he puts Rs.52 lakh into mutual fund SIPs every month, and has a net worth of Rs.67 crore. During a recent appearance on Kunal Jaisingh's podcast, the Mumbai-based entrepreneur opened up about his wealth management strategy and advised youngsters to start saving as early as possible to see the magic of compounding.

On his website, Kothari describes himself as "a very average person born to a middle-class family" in Jorhat, Assam. These are the words he also used during the podcast, telling the host that he grew up in a middle class family and came to Mumbai with very little.

Kothari revealed that when he first came to Mumbai in 2004, he shared a tiny apa...