On September 5, 2019, BFC Capital successfully conducted its 233rd Quality Circle Program at Rajya Nirman Sahkari Sangh Ltd., Lucknow. The event aimed to enhance financial awareness and foster meaningful discussions with the employees. Through interactive sessions, participants gained valuable insights into financial planning, investment strategies, and wealth management. This initiative reaffirmed BFC Capital’s commitment to empowering individuals with financial knowledge for a secure and prosperous future.
What happens to my mutual funds if the stock market crashes?
If the market crashes, you might have a fall in your equity mutual fund’s value, because they are directly market linked and are affected by market performance! But there is nothing to worry about because the markets have a proven track record of bouncing back and recovering!
Can I change my SIP amount after starting the SIP?
Yes, you have the flexibility to increase and decrease your SIP depending on your financial situation or income levels or personal preferences.
Is there a penalty for stopping my SIP before the selected tenure?
No, terminating your SIP before the selected duration has no penalties. Because mutual funds are flexible, you can pause or resume your SIP at any time without incurring additional fees.
