Residents of Jal Vayu Vihar, a residential society in Sector 21 and 25, Noida, organised a seminar-cum- interactive session at the community centre on the best investment options available now.
Ajay Yadav, CEO of Wise FinServ, and Charu Pahuja, its director and business head, were invited to speak at the seminar.
The session addressed the concerns of the retired community, who have been anxious about the falling returns on fixed deposits.
Narender Mahajan, a resident, said to City Spidey, “Through this interactive session, residents were told to invest in mutual funds that carried less risk rather than invest in more risky market shares. Residents were also happy to learn that debt funds are only taxed only after taking into account inflation and indexation. They were also told about the option of investing a fixed amount in any systematic investment plan every month."