Webinar on introduction of financial markets
KMV Organized the event
Jalandhar: A webinar on Introduction of Financial Markets was organized by the PG Department of Commerce & Business Administration at Kanya Maha Vidyalaya, Jalandhar, for the students of B.Com (Hons.) Sem III and Sem V, B.Com (Reg) Sem III and Sem V, B.B.A Sem III and Sem V and M.Com Sem III. Dr Sanjay Kumar Aggarwal from Securities and Exchange Board of India, Professor, Department of Mathematics, Dolphin PG Institute, Dehradun was the resource person for the webinar.
Dr Sanjay Kumar Aggarwal emphasized the importance of savings by quoting the words of Warren Buffett, “ Do not save after spending but spend after savings.” He illustrated the impact of 5% inflation on our household expenditure after 20 years. He also highlighted various investment options available today like Real Estate, Gold, Debentures, Bonds and Mutual funds as against the traditional investment portfolios in banks or post offices. He explained about the structure of mutual funds, types of mutual funds and various schemes of mutual funds along with their features. He threw light on the concepts like Foreign Funds, Arbitrage Funds, Fund of Funds, Equity related funds, Hybrid Funds, Exchange traded funds, Net Asset Value, Performance Evaluation Principle and Product Labelling with respect to mutual funds. He also explained about the online portal SCORES for redressal of grievances of investors. It was a very participative session and students and faculty members came up with various queries which were addressed by Mr. Aggarwal very aptly.
Principal Prof (Dr.) Atima Sharma Dwivedi lauded the efforts of PG Department of Commerce & Business Administration for organizing such informative webinars from time to time in order to keep the students abreast of latest developments in the field of Commerce and Industry. She averred that it is very important for the students to know about the financial scenario prevalent in our country and also in the whole world. Dr Neeraj Maini, Head PG Department Of Commerce and Business Administration extended a formal Vote of Thanks to all the participants and to the guest.