SMVDU holds seminar on ‘Financial Inclusion Through Financial Literacy’

A speaker highlighting investment trend during a seminar at SMVDU.
A speaker highlighting investment trend during a seminar at SMVDU.

Excelsior Correspondent
KATRA, Sept 25: A Securities and Exchange Board of India (SEBI) sponsored seminar related to financial literacy, titled “Financial Inclusion Through Financial Literacy”, was held here today at SMVDU.
A group of guests from Securities Exchange Board of India (SEBI), National Stock Exchange (NSE) and Birla Sun Life Mutual Funds provided the view of current scenario of Indian financial markets and gave insights about the investments made by the investors in India and other nations. Most of the investors from other nations invest in financial assets as well as physical assets  whereas on the contrary Indian investors emphasize more on investing in physical assets which can be manifested from the example that only three crore (approx.) investors portfolio contains financial instruments, they informed.
They also provided explanation on how inflation decreases the value of nominal returns over a period of time and the investments which may look profitable at a time may be incurring losses due to high inflation rate .They also taught how much return to expect from market which can be calculated by the sum of the inflation rate of the country and GDP of the country.
They also talked about various investing instruments like ETF, Mutual Funds and SIPs.  All this was carried keeping in view to increase the financial literacy among youth, which is one of the crucial driving forces for the financial inclusion in a country where they should have ample knowledge regarding the financial products and the risks associated with each one of them. In this context they also elaborated the role of SEBI and NSE in regulating the Indian Financial Markets.
The speakers were Bibbu Dutta Samal, Area General Manager, SEBI;   Lalit Sharma, Birla Sun Life Mutual Funds and   Vipul Khajuria, NSE. They were felicitated by Dean, Faculty of Management Professor D Mukhopadhyaya and Head, School of Business, Dr Sushil Kumar Mehta and NSE representative Rajesh Oswal.

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