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Finance Club of Uttaranchal Institute of Management, Uttaranchal University organized a Webinar on “Mutual Fund: A tool for prosperity" in collaboration with Association of mutual funds in India (AMFI) on 23rd February, 2022 through the virtual platform.
Sh. Surya Kant Sharma, Manager, Senior Consultant, AMFI, EX DGM SEBI was the eminent speaker for the said webinar.
Master of Ceremony, Ms. Neeti Misra hosted the webinar for all Management and Computer Application students and welcomed all the dignitaries and the faculties.She also elaborated on the basic aspects of mutual funds.
Prof. (Dr.) Pradeep Suri, Dean, UIM, Uttaranchal University highlighted that investments in mutual funds are relatively less risky than other investment options available in the stock markets and also investors can multiply their money within a short period. Dr. Suri reiterated that while making investment in mutual funds it is very important to consider all factors such as risk and returns being associated with different mutual fund schemes.
Sh. Surya kant discussed in detail about mutual funds in a very simple manner so as to encourage students to take interest in the topic. He mentioned that mutual fund is basically a money given to the professionals to invest in the securities with which an investor can earn a desired income. He further elaborated that mutual funds are very safe as regulated by SEBI but provides no guarantee of returns and so tried to aware everyone that it is the responsibility of a prospective investor to select the mutual funds schemes carefully after proper analysisdepending upon theirmotive of earning profits and the risk bearing capacity. He also mentioned that mutual funds provides flexibility in both investment and redemption means any time one can invest or withdraw money from mutual funds. He also discussed about latest changes being introduced by SEBI in the mutual funds regarding riskometer being attached to the different schemeswith the help of which anyone judge about the risks involved in the schemes of mutual fund. He concluded his talk by saying that people of any age can invest in mutual funds.
The webinar was very interactive & informative & was a great success and attended by more than 950 Students from Management and Computer Application Department of Uttaranchal Institute of Management, Uttaranchal University.
In the Last, Master of Ceremony proposed vote of thanks to all the dignitaries & students.
The webinar was also attended by HOD-Management Dr. Megha Agarwal, HOD- Computer Applications Dr. Sonal Sharma and Mr. Abhishek Kumar Pathak Head Cultural & Academic events (UIM) along with other Faculty Members of Uttaranchal Institute of Management, Uttaranchal University.
