28th May , 2021, Friday; Timing 2.00 P.m to 4.00 Pm PG department of Commerce and Management, Goswami Ganesh Dutta Sanatan Dharma College, Sector 32C, Chandigarh in Collaboration with Association of Mutual Funds in India
organized a one day national webinar on Financial Awareness : A key to Financial well Being.
Principal Dr. Balraj Thapar, Dr. Rajiv Behl Head PG department of Commerce & Management,
Dean Dr. Meru Sehgal P G department of Commerce and Management along with the eminent
speakers from Securities Exchange Board of India and NSDL included Sh. Suryakant Sharma Ex
DGM SEBI and Sh. Nitin Joshi Vice President were there. Principal Dr. Balraj Thapar welcomed all
the dignitaries for being associated with this event and highlighted the importance of managing
finance by young generation and it is essential for them to strategize and prepare their financial
plans not only for retirement but also for their early career goals. Dr. Meru sehgal Dean
introduced the speakers and The speakers focused on various kinds of investmentsto be decided
at an early age, how much one wants to save per month and keep increasing the savings by ten
percent increase every year following the plan consistently. The students should start investing
right from getting a job and in those assets which help in appreciation of amount and help in
providing a regular income keeping in mind the inflation aspect. While investing one should keep
in mind two important factors, one is risk and other is taxability and while investing one should
think , understand and invest keeping in mind the time horizon , risk taking capacity and the
product in which you are investing. Also there are various investment schemes better for short
term purpose such as mutual funds and other securities but real estate and Public Provident
Funds are the schemes for long term period. The best thing is to invest in a systematic investment
plan in mutual funds. Speaker Sh. Nitin Joshi also explained about retirement schemes such as
National Pension Scheme, the early the better. One should start investing to get a better corpus
at the end of retirement and it is available with various options of investment with tax benefit.
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