Employees are real wealth for any organisations. Xoxoday which holds the physical, mental, as well as financial well being of employees in high regard, frequently organises various sessions on financial management.
Session 1 by Golden Pi on Bonds and debentures as an investment option
Abhijith Roy, Co-Founder Golden pie spoke about growing acceptance of bond or a debenture as an investment option taking its Fixed Rate of Return and Fixed Maturity Period into consideration. Bonds and debentures issued by Government, Public Sector Units (PSUs) or Corporates to raise money from investors as loans have become a prime choice of investment in India.
He gave a detailed presentation on advantages of investing on bond over other options like gold, fixed bank deposit, real estate etc. He explained about ROI, volatility, liquidity, safety, tenure, the risk involved in this investment option along with Procedures of investments. This was followed by a Q& A session where the employee's queries were answered by the speaker.
The team had set up a help desk at Xoxoday office to assist employees to open an account to invest on bonds of their choice.
Session2: Mayank Singh on basics of investment
Mayank Singh has conducted a session on investment where he shared basics of investment with employees to help them to spend and save their money efficiently. The session explained why, where and how to invest. The session also covered financial planning and shared basics of investment in the Mutual fund.