BFC Capital’s 254th Quality Circle Program: Unlocking Investment Wisdom

BFC Capital’s 254th Quality Circle Program, held on February 21, 2024, at HPCL (Gomti Nagar), was a compelling session focused on financial empowerment. Our VP, Vikas Singh, took center stage, sharing his deep expertise on the intricacies of investing. Through his engaging presentation, attendees gained valuable insights into money management, strategic investment planning, and wealth creation. The event highlighted BFC Capital’s ongoing commitment to educating investors and fostering financial literacy for a secure and prosperous future.

Given their steady salary, HPCL workers ought to concentrate on:

For long-term SIP-based wealth creation, consider equity funds.

Debt funds: A liquid, low-risk investment option

To balance risk and rewards, use hybrid funds.

Stability and growth are guaranteed by a varied combination.

Maintaining stability and growth requires striking a balance between mutual fund investments and provident fund (PF) contributions. Here is a methodical approach:

PF/NPS: Guarantee stability, tax advantages, and a fixed retirement corpus

Mutual funds have greater growth potential and are a great way to beat inflation.

The ideal split is 30–40% in debt funds/PF and 60–70% in equity .Early Years: Greater Allotment to Equity

Utilize ELSS to save money on taxes under Section 80C.

This balance guarantees stable yet increasing retirement income.

There are no exclusive plans, however if they want:

Long term growth– they can go forward with equity mutual funds

Safety: they can go forwards with debt funds

Balanced approach– they can go forward with hybrid funds which are a mixed of equity and debt!