BFC Capital successfully conducted its 249th Quality Circle Program on July 18, 2023, at the National Homeopathic Medical College and Hospital, Lucknow. The event featured an engaging session by our AVP, Tushar Anand, who delivered a compelling presentation on the art of investing. Attendees gained invaluable insights into smart investment strategies, financial planning, and wealth creation. The program highlighted BFC Capital’s dedication to spreading financial awareness and empowering individuals with the knowledge to make informed investment decisions.
What’s the safest mutual fund category for hospital employees who prefer low risk?
Choose low-volatility debt funds if you want security and steady returns.
Quick access and little risk are provided by liquid funds.
Funds with ultra-short durations for somewhat higher returns.
AAA-rated corporate bond funds for increased stability.
PSU and banking debt funds supported by organizations with ties to the government.
For a secure combination of debt and modest equity, you can consider hybrid mutual funds as well!
Are mutual funds better than chit funds commonly used by hospital staff? Indeed, mutual funds provide better returns and are safer and more regulated.
Chit funds are dangerous, unregulated, and vulnerable to fraud.
Mutual funds are transparent, professionally managed, and subject to SEBI regulation.
They provide long-term growth potential, liquidity, and flexibility.
How can mutual funds help hospital employees plan for higher education like MD (Homeopathy)?
Your aspirations for higher education can be systematically funded by mutual funds.
For long-term planning, invest in equity funds using SIPs.
For three to five-year targets, select hybrid funds.
