BFC Capital successfully conducted its 280th Quality Circle Program at Kokkam Restaurant, Gomti Nagar, on 3rd June 2025. The session was led by our Vice President, Mr. Vikas Singh, who shared valuable insights on financial awareness and smart money management. The program witnessed active participation from the restaurant staff, fostering meaningful discussions and encouraging a deeper understanding of financial planning and investment discipline.
If the market crashes, should I stop my SIP?
Actually, that’s when you should not stop. When the market falls, you end up buying more units at a lower price, which helps in the long run. Stopping SIP in panic is something many people do, and that’s where they miss the benefit.
For short-term goals, should I still invest in mutual funds?
It depends on how short the goal is. If it’s around 2–3 years, avoid risky funds and go for safer options like debt or balanced funds. For very short-term needs, even keeping money in the bank can be a safer choice.
Apart from ELSS, what are other good tax-saving options?
You can look at options like PPF, EPF, NPS, or even tax-saving fixed deposits. Each one has its own lock-in and return type, so it depends on your comfort.
How transparent are the charges in mutual funds?
Mutual fund charges are quite transparent nowadays. There is something called an expense ratio, which is already adjusted in your returns. Still, it’s always good to check and understand what you are paying for before investing.
