{"id":170,"date":"2025-03-01T06:04:32","date_gmt":"2025-03-01T06:04:32","guid":{"rendered":"https:\/\/bfccapital.com\/event\/?p=170"},"modified":"2025-06-05T12:14:53","modified_gmt":"2025-06-05T12:14:53","slug":"bfc-capitals-238th-quality-circle-program-promoting-financial-awareness-among-doctors","status":"publish","type":"post","link":"https:\/\/bfccapital.com\/event\/bfc-capitals-238th-quality-circle-program-promoting-financial-awareness-among-doctors\/","title":{"rendered":"BFC Capital&#8217;s 238th Quality Circle Program: Promoting Financial Awareness Among Doctors"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/bfccapital.com\/event\/wp-content\/uploads\/2025\/03\/238-1024x1024.png\" alt=\"\" class=\"wp-image-171\" srcset=\"https:\/\/bfccapital.com\/event\/wp-content\/uploads\/2025\/03\/238-1024x1024.png 1024w, https:\/\/bfccapital.com\/event\/wp-content\/uploads\/2025\/03\/238-300x300.png 300w, https:\/\/bfccapital.com\/event\/wp-content\/uploads\/2025\/03\/238-150x150.png 150w, https:\/\/bfccapital.com\/event\/wp-content\/uploads\/2025\/03\/238-768x768.png 768w, https:\/\/bfccapital.com\/event\/wp-content\/uploads\/2025\/03\/238-1536x1536.png 1536w, https:\/\/bfccapital.com\/event\/wp-content\/uploads\/2025\/03\/238-2048x2048.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>On April 23, 2022, <a href=\"https:\/\/bfccapital.com\/\">BFC Capital<\/a> successfully conducted its 238th Quality Circle Program at Bhaurao Devras Civil Hospital, Lucknow. The session focused on spreading financial awareness through meaningful and interactive discussions with the hospital\u2019s doctors. Through engaging conversations, the program provided valuable insights into financial planning, investment strategies, and wealth management, reinforcing BFC Capital\u2019s commitment to empowering professionals with financial knowledge.<\/p>\n\n\n<div ><style>#sp-ea-324 .spcollapsing { height: 0; overflow: hidden; transition-property: height;transition-duration: 300ms;}#sp-ea-324.sp-easy-accordion>.sp-ea-single {margin-bottom: 10px; border: 1px solid #e2e2e2; }#sp-ea-324.sp-easy-accordion>.sp-ea-single>.ea-header a {color: #ffffff;}#sp-ea-324.sp-easy-accordion>.sp-ea-single>.sp-collapse>.ea-body {background: #fff; color: #444;}#sp-ea-324.sp-easy-accordion>.sp-ea-single {background: #f06d70;}#sp-ea-324.sp-easy-accordion>.sp-ea-single>.ea-header a .ea-expand-icon { float: left; color: #0c2e8a;font-size: 16px;}<\/style><div id=\"sp_easy_accordion-1746518605\">\n<div id=\"sp-ea-324\" class=\"sp-ea-one sp-easy-accordion\" data-ea-active=\"ea-click\" data-ea-mode=\"vertical\" data-preloader=\"\" data-scroll-active-item=\"\" data-offset-to-scroll=\"0\">\n\n<!-- Start accordion card div. -->\n<div class=\"ea-card ea-expand sp-ea-single\">\n\t<!-- Start accordion header. -->\n\t<h3 class=\"ea-header\">\n\t\t<!-- Add anchor tag for header. -->\n\t\t<a class=\"collapsed\" id=\"ea-header-3240\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse3240\" aria-controls=\"collapse3240\" href=\"#\"  aria-expanded=\"true\" tabindex=\"0\">\n\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-minus\"><\/i> Do mutual funds affect my salary tax deductions?\t\t<\/a> <!-- Close anchor tag for header. -->\n\t<\/h3>\t<!-- Close header tag. -->\n\t<!-- Start collapsible content div. -->\n\t<div class=\"sp-collapse spcollapse collapsed show\" id=\"collapse3240\" data-parent=\"#sp-ea-324\" role=\"region\" aria-labelledby=\"ea-header-3240\">  <!-- Content div. -->\n\t\t<div class=\"ea-body\">\n\t\t<p><b>No they dont!<\/b><b><br \/>\n<\/b><span style=\"font-weight: 400\"> Mutual funds don&#8217;t directly reduce your salary tax deductions, except in one special case: ELSS (Equity Linked Savings Scheme). In other schemes, there is no effect on salary tax deductions.<\/span><\/p>\n\t\t<\/div> <!-- Close content div. -->\n\t<\/div> <!-- Close collapse div. -->\n<\/div> <!-- Close card div. -->\n<!-- Start accordion card div. -->\n<div class=\"ea-card  sp-ea-single\">\n\t<!-- Start accordion header. -->\n\t<h3 class=\"ea-header\">\n\t\t<!-- Add anchor tag for header. -->\n\t\t<a class=\"collapsed\" id=\"ea-header-3241\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse3241\" aria-controls=\"collapse3241\" href=\"#\"  aria-expanded=\"false\" tabindex=\"0\">\n\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Is there any penalty for withdrawing money from mutual funds early?\t\t<\/a> <!-- Close anchor tag for header. -->\n\t<\/h3>\t<!-- Close header tag. -->\n\t<!-- Start collapsible content div. -->\n\t<div class=\"sp-collapse spcollapse \" id=\"collapse3241\" data-parent=\"#sp-ea-324\" role=\"region\" aria-labelledby=\"ea-header-3241\">  <!-- Content div. -->\n\t\t<div class=\"ea-body\">\n\t\t<p><span style=\"font-weight: 400\">Yes, in some cases there might be. Mutual funds may charge you some penalty or fine that is in investment lingo called an &#8220;exit load&#8221; if you redeem your investments early.\u00a0 For example, many equity mutual funds charge a 1% fee if you withdraw before 12 months.\u00a0<\/span><\/p>\n\t\t<\/div> <!-- Close content div. -->\n\t<\/div> <!-- Close collapse div. -->\n<\/div> <!-- Close card div. -->\n<!-- Start accordion card div. -->\n<div class=\"ea-card  sp-ea-single\">\n\t<!-- Start accordion header. -->\n\t<h3 class=\"ea-header\">\n\t\t<!-- Add anchor tag for header. -->\n\t\t<a class=\"collapsed\" id=\"ea-header-3242\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse3242\" aria-controls=\"collapse3242\" href=\"#\"  aria-expanded=\"false\" tabindex=\"0\">\n\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Are gold mutual funds a good alternative to buying physical gold for marriage expenses?\t\t<\/a> <!-- Close anchor tag for header. -->\n\t<\/h3>\t<!-- Close header tag. -->\n\t<!-- Start collapsible content div. -->\n\t<div class=\"sp-collapse spcollapse \" id=\"collapse3242\" data-parent=\"#sp-ea-324\" role=\"region\" aria-labelledby=\"ea-header-3242\">  <!-- Content div. -->\n\t\t<div class=\"ea-body\">\n\t\t<p><span style=\"font-weight: 400\">\u00a0Yes absolutely! Gold mutual funds are a smart and hassle-free way to invest in gold\u2014especially if you want to save for your marriage.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><span style=\"font-weight: 400\">These funds mirror the exact price of gold, so if let\u2019s suppose gold prices rise, the value of your investment rises too so you do not have to worry! <\/span><\/p>\n\t\t<\/div> <!-- Close content div. -->\n\t<\/div> <!-- Close collapse div. -->\n<\/div> <!-- Close card div. -->\n<!-- Start accordion card div. -->\n<div class=\"ea-card  sp-ea-single\">\n\t<!-- Start accordion header. -->\n\t<h3 class=\"ea-header\">\n\t\t<!-- Add anchor tag for header. -->\n\t\t<a class=\"collapsed\" id=\"ea-header-3243\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse3243\" aria-controls=\"collapse3243\" href=\"#\"  aria-expanded=\"false\" tabindex=\"0\">\n\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> What happens to my mutual funds if the stock market crashes?\t\t<\/a> <!-- Close anchor tag for header. -->\n\t<\/h3>\t<!-- Close header tag. -->\n\t<!-- Start collapsible content div. -->\n\t<div class=\"sp-collapse spcollapse \" id=\"collapse3243\" data-parent=\"#sp-ea-324\" role=\"region\" aria-labelledby=\"ea-header-3243\">  <!-- Content div. -->\n\t\t<div class=\"ea-body\">\n\t\t<p><span style=\"font-weight: 400\">\u00a0If the stock market crashes, equity mutual fund become volatile as well because they invest in stocks. It might lead you to worry but please just remember: mutual funds are designed for long-term goals. Markets go through ups and downs periodically; it is a known phenomenon but they typically recover over time. In fact, continuing your SIP during a market dip helps you buy more units at lower prices; this is called &#8220;rupee cost averaging&#8221; and can improve your overall returns when the market bounces back. <\/span><\/p>\n\t\t<\/div> <!-- Close content div. -->\n\t<\/div> <!-- Close collapse div. -->\n<\/div> <!-- Close card div. -->\n<!-- Start accordion card div. -->\n<div class=\"ea-card  sp-ea-single\">\n\t<!-- Start accordion header. -->\n\t<h3 class=\"ea-header\">\n\t\t<!-- Add anchor tag for header. -->\n\t\t<a class=\"collapsed\" id=\"ea-header-3244\" role=\"button\" data-sptoggle=\"spcollapse\" data-sptarget=\"#collapse3244\" aria-controls=\"collapse3244\" href=\"#\"  aria-expanded=\"false\" tabindex=\"0\">\n\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"ea-expand-icon eap-icon-ea-expand-plus\"><\/i> Are mutual funds better than chit funds for saving money?\t\t<\/a> <!-- Close anchor tag for header. -->\n\t<\/h3>\t<!-- Close header tag. -->\n\t<!-- Start collapsible content div. -->\n\t<div class=\"sp-collapse spcollapse \" id=\"collapse3244\" data-parent=\"#sp-ea-324\" role=\"region\" aria-labelledby=\"ea-header-3244\">  <!-- Content div. -->\n\t\t<div class=\"ea-body\">\n\t\t<p><span style=\"font-weight: 400\">Yes, mutual funds are a safer and more reliable option compared to chit funds. Mutual funds are regulated by SEBI, managed by professionals, and offer transparent operations with clear documentation. Chit funds, on the other hand, carry higher risk\u2014they\u2019re often unregulated and vulnerable to fraud or mismanagement.\u00a0<\/span><\/p>\n\t\t<\/div> <!-- Close content div. -->\n\t<\/div> <!-- Close collapse div. -->\n<\/div> <!-- Close card div. -->\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>On April 23, 2022, BFC Capital successfully conducted its 238th Quality Circle Program at Bhaurao Devras Civil Hospital, Lucknow. The session focused on spreading financial awareness through..<\/p>\n","protected":false},"author":1,"featured_media":171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_venue":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/posts\/170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/comments?post=170"}],"version-history":[{"count":2,"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/posts\/170\/revisions"}],"predecessor-version":[{"id":429,"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/posts\/170\/revisions\/429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/media\/171"}],"wp:attachment":[{"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/media?parent=170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/categories?post=170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bfccapital.com\/event\/wp-json\/wp\/v2\/tags?post=170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}