BFC Capital conducted its 283rd Quality Circle Program on 13th June 2025 at UPSCIDCO, Lucknow. The session, led by COO Mr. Sharad Bindal, focused on money management and financial literacy. With full-house participation, the event fostered active engagement and equipped attendees with practical insights to make informed financial decisions, reinforcing BFC Capital’s mission to promote financial awareness and empowerment.
What is better for long-term savings — FD, PPF, or mutual funds?
All three have different purposes. FD and PPF are safer, but returns are usually lower.
Mutual funds can give better growth in the long run, although there is some market risk involved.
A balanced mix of safety and growth usually works better than depending on only one option.
How should we plan for retirement apart from pension?
Pension gives support, but expenses and medical costs keep increasing with time.
That’s why it’s better to create an extra retirement fund through SIPs, savings, or other investments. Starting early, even with a small amount, can make a big difference later.
What happens to our investments if something happens to us?
Your investments stay secure and can be transferred to your nominee or family member.
That’s why keeping nominee details updated is very important in every investment.
It helps your family avoid problems later.
How can we save tax apart from LIC and PF?
There are many options apart from LIC and PF, like ELSS mutual funds, PPF, NPS, and tax-saving fixed deposits. But don’t invest only for tax saving — choose options that also match your future goals. Good tax planning should help in both saving tax and building wealth.
