BFC Capital’s 275th Quality Circle Program: Advancing Financial Awareness in Lucknow

On May 28, 2025, BFC Capital proudly conducted its 275th Quality Circle Program at the Veridian Inn Hotel in Lucknow. The session, led by Senior Wealth Manager Mr. Sparsh Awasthi, centered on enhancing financial awareness among the hotel staff. With practical insights and expert guidance, the program aimed to empower attendees with essential knowledge about personal finance and smart money management. This initiative highlights BFC Capital’s ongoing mission to foster financial literacy across diverse professional communities.

No, not at all! If there’s no money in your account on SIP debit day, it will just skip or bounce that month. But it’s better to maintain that balance so that your investing habit stays consistent.

No. Your investment is safe even if an AMC shuts down. The money is held separately under strict SEBI rules and guidelines, and it will either be transferred to another fund manager or refunded to you!

Yes. You can increase your SIP amount anytime according to your income changes. This is called a step-up SIP—it helps your investment grow faster as your income grows.

There is no right answer for this; the sooner, the better. Even if you’re in your early 20s or 30s, starting now gives your money more time to grow through compounding. There is no such thing as too early or too late in mutual funds!