No.PR-87 May 19, 2020 New Delhi PHD Chamber of Commerce and Industry hosted an interactive session with Shri Kapil Dev Agarwal, Hon’ble Minister of State (IC), Vocational Education and Skill Development, Uttar Pradesh New Delhi, 19th May 2020: A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. COVID-19 has come up as an unprecedented crisis that has shaken the industry, economy, and the market as well. To help the sector chart-out expedient roadmaps in these times of uncertainty, PHD Chamber of Commerce and Industry hosted an interactive session on “Strategy for managing personal finance including mutual funds during and after COVID-19” with Shri Kapil Dev Agarwal, Hon’ble Minister of State (IC), Vocational Education and Skill Development, Uttar Pradesh The eminent speaker who deliberated in the webinar were Shri Surya Kant Sharma, Senior Consultant AMFI and Former DGM, SEBI, Ms. Laxmi A Rampurwala, AGM, SEBI and Mr. Sandeep Kumar Jain, Co-Founder, Tradeswift. The speakers deliberated about the new developments in the mutual fund sector and how mutual funds are a good option of investment for the long term which will be fruitful in these times. Shri Kapil Dev Agarwal, Hon’ble Minister of State (IC), Vocational Education and Skill Development, UP appreciated the efforts of PHD Chamber during these times of pivotal times. he also discussed the various efforts, polices given by the Uttar Pradesh Government. He mentioned that under the leadership of Hon’ble Chief Minister Shri Yogi Adiyanath Ji, UP can provide relief and support to the industries and boost the economy. He also urged the Chamber to keep supporting the government and ministries so that they can resolve all the issues and provide relief to the industries. Mr. Manoj Gaur, Chair, PHD Chamber UP Chapter, welcomed the Hon’ble Minister, speakers, and all esteemed delegates in the webinar. He also appreciated the UP Government for supporting the industry and also for announcing relief packages to help all industries. He shared the issues and challenges faced by the industry while also suggesting relief measures and steps to ensure smooth working of the industry in the country. Mr. Manish Khemka, Co-Chair, PHD Chamber UP Chapter, delivered a formal vote of thanks to all esteemed delegates and participants in the webinar. The webinar was in support of SEBI and AMFI. The webinar was moderated by Dr. Ranjeet Mehta, Principal Director, PHD Chamber of Commerce and Industry, and was attended by Mr. Gaurav Prakash, Co-Chair, UP Chapter, PHD Chamber and by over 70 members of PHD Chamber which included industry players and other industry stalwarts from all across the country. Ends. Media Division PHD Chamber of Commerce and Industry
PHD Chamber of Commerce and Industry, established in 1905, is a proactive National Apex Chamber working at the grass-root level and with strong national and international linkages.