Nagpur: Nagpur Branch of WIRC of ICAI under the aegis of Investor Education & Protection fund (IEPF) of ministry of Corporate Affairs of Govt of India launched a Novel Theme for Investors Awareness titled as “Nivesh Pathshala”. The first programme
in this series was held last Sunday i.e. 24th Sept 2017 at “Naivedhyam Celebration” wherein two most coveted speakers – Anuj Badjate & CA. Amit Dani guided more than 250 people about various pros & cons pertaining to investing in financial markets. The programme was jointly hosted by Rotary Club Ishanya & Indian Medical Association, Nagpur.
CA. Sandeep Jotwani, Chairman, Nagpur Branch of WIRC of ICAI welcomed the Guest Speakers & other Dignitaries and in his welcome address spoke about significance of awareness before investing in financial instruments. He further shared that investors should avoid investing in Ponzi Schemes and always take proper advice while opting for right investment avenue. CA Pramod Jawandhiya, President Rotary Club Ishanya and Dr. Sanjay Deotale, Vice President IMA Nagpur also requested their members to take optimum benefit of the programme.
CA. Abhijit Kelkar, Regional Council Member mentioned that investing is the habit amongst Indians but how to do it effectively is always a big challenge. Taking the advantage, many people try to misguide the common people, hence such kind of programs are organized to help and guide the investors and to educate them about the precautions to be taken before investing.
Anuj Badjate spoke about his perception of savings and investments and guided investors as to how power of compounding can create wealth for investors if they choose to own a company via equity investing. He further emphasized that wealth creation is possible mostly in equities and in all market scenarios there is some or other stock which has potential to grow many folds. For an investor to create wealth he needs to do research and commit their investment for a longer period and ignore the short term volatility.
CA. Amit Dani elaborated on significance of Asset Allocation and systematic investing. He emphasized that an investor should prudentially invest for longer term through Mutual Funds. He further emphasized that mutual funds are one solution for all asset classes be it Equities, Debt, Real Estate & Gold and hence one can do asset allocation in all the available investment avenues through Mutual Funds.
Prominently present on the occasion were Managing Committee Members of ICAI Nagpur Branch, CA. Suren Duragkar (Secretary), CA. Saket Bagdia (WICASA Chairman), CA. Jiten Saglani (Coordinator), Dr.Prashant Rathi (Hon. Secretary – IMA), Piyush Fattepuria (Secretary – Rotary Club Ishanya) & Pritesh Chandak (Vocational Chair – Rotary Club Ishanya).