The Department of Commerce & Management organized an Interactive session on “Demystifying Mutual Funds: An Introduction to Investment Opportunities” for TY B.Com students on 23rd August 2023. The main objective of this session was to provide participants with a clear and easier understanding on how mutual funds work and how it can be one of the best investment options for them. A total of 74 students attended the session. The Resource Person for this session was CA Vaibhav Pai Fondekar, an alumnus of the College.
CA Vaibhav provided an in-depth explanation of mutual funds, encompassing their functioning and the array of types that cater to individuals’ needs while considering risk factors. He illustrated the concept of SIP (Systematic Investment Plan) with examples, simplifying comprehension for participants. He highlighted the significance of diverse income streams and effective money management, by underscoring the challenges faced by individuals during the Covid pandemic. He also offered valuable investor tips, including goal-setting, crafting diversified portfolios, and researching fund performance, all of which will greatly aid students in the future.
At the end of the session, the Vote of Thanks was delivered by Ms. Placy Matos, student of TY B.Com. Mr. Kewal Patel, student of TY B.Com hosted the event and Mr. Cyrus, student of TY B.Com introduced the Resource Person.
Dr. Shami Pai and Ms. Anisha Sawant coordinated the session.
