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Hold workshops to educate investors

india Updated: Dec 18, 2006 23:07 IST
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WORKSHOPS TO guide and educate the investors of the stock market should be conducted on a regular basis and risk factors should be extensively dealt with, so that investors could make safe investments in stocks – was the outcome of the workshop for stock investors held in the City on December 16.

Organised by Saksham Investments, a franchisee of Mumbai-based Asit C Mehta Investment Intermediates Limited, the seminar-cum-workshop was aimed at empowering investors with knowledge on direct equity investing and on mutual funds.

Addressing a large number of investors, Head, Primary Products of Asit C Mehta Investment, Dinesh Arya emphasised upon right kind of knowledge and informed decision-making for going for investments. “But, it should be through a recognized intermediary, as financial planning is an important means to a contended life,” he said.

Talking on mutual funds, Arya said it offers various investment options and every product is tailor-made based on an individual’s risk-taking ability. “A systematic investment plan, where ‘law of average’ is used, could lead to phenomenal results at the end,” he claimed.

Another speaker from the same company, Vaibhav Bhuta said the share market should not be looked as a place for a windfall.  “There’re more than 7,000 scripts and due care should be taken while investing. Return on long-term shares, if is more than 15-20% could be considered abnormal,” he cautioned. He said the company having more than 275 franchisee centers, conducts workshops through it.  

President, Bhopal Chambers of Commerce & Industry, Santosh Agarwal in his address stressed on organizing more numbers of workshops to educate investors. “Investors must be apprised of nitty-gritty of stock market and how to invest in the volatile market,” he said.  Agarwal cautioned that in the past 15 years, there had been several scams in the stock market, resulting huge losses to investors, so they should be taught on how to avoid risk, which is always very high in the stock market.

“Stock market is the barometer of country’s economy and companies listed in the exchanges collectively contribute to nation’s GDP,” mentioned Saksham Investments proprietor, Sudhir Kala.

The UTI Asset Management Company’s relationship manager, Jagjeet Singh Makkar detailed at length on various mutual fund products, UTI’s infrastructure fund, tax saving schemes and investment objectives. 

However, it was strongly felt that demerits and risk factors related to the market should specifically be dealt with. The need for consultancy services on investments was also felt.