Extension Lecture on Financial Security and Fraud Safety organized in MCCEW Ludhiana

Ludhiana – As a regular feature of the college activities, an extension lecture was organized in the Malwa Central College of Education for Women, Civil Lines, Ludhiana on the theme ‘Financial security and fraud safety’. Kanwaljit, visiting professor from Centre for investment education and Learning, Mumbai was invited as the resource person. Tripta, introduced the resource person of the day.

Kanwaljit, presented his views regarding the financial planning. There are three things in the financial planning like Term insurance, Health insurance and mutual funds investments.We can replace the person financially in the case of any adverse circumstances with the help of financial planning and a good investment.We should start saving and investing at early stages so that we could get good returns.

In mutual funds, we can start the investment with the small amounts. We can invest Lumpsum amount or in the systematic investment plans (SIPs).Safety, liquidity, and taxes are the three concerns while investing. In the end, he gave a suggestion for good investment and earning good returns. He said that we should direct investment from the office of the mutual fund with growth options and according to our age/business profile. He also cleared the doubts of the students and teachers. A formal vote of thanks was proposed by Dr.Nerotma Sharma to the esteemed speakers for delivering a thought-provoking lecture.Dr. Naginder Kaur, Principal of the college said that this lecture is very useful for the teachers as well as for the students.