DEPARTMENT OF MANAGEMENT STUDIES ORGANIZED EXPERT LECTURE ON “MUTUAL FUNDS”
17th August, 2016
The MM University organized an expert lecture on ‘Mutual Funds' on August 17, 2016. Dr R.K. Mittal, Former Dean Faculty of Commerce & Management, Kurukshetra Universitywas the resource person. Speaking on the occasion, he said that if money is professionally invested in mutual funds, the investor can expect a good return. He suggested that an investor is required to have a market mind for prudent investments. He further added that planning one's finances would provide an edge to the individual for better living. He told that Mutual Fund helps to reduce risk through the collection of fund from different securities and invest in different stocks and provides the benefit of diversification to the investor because it can make investment in different securities diversifying the investment. It helps to maximize the return of the portfolio because mutual fund is managed by professional and expert team. It provides opportunity about to reinvest the return. He further added that it is useful for the purpose of saving tax to the investor because the government of the country permitted tax exemption. The queries of students were resolved related to Mutual Funds, their schemes, Companies offering these schemes and tax benefits out of them. Indeed, it was a great learning experience for students.