INDUCTION PROGRAMME

BATCH 2021-2023

Topic: Financial independence programme

Resource Person: Mr Manoj T Neelakantan

Date:31/05/2022

On 31/05/2022, the Department of Management Studies, Sree Narayana Gurukulam College of Engineering organized a seminar on the Financial Independence Program, conducted by Mr Manoj T Neelakantan, NSE Ltd (National Stock Exchange Ltd). The seminar aimed to provide attendees with insights and knowledge about achieving financial independence through informed investment strategies and financial planning. The event covered various topics related to financial independence and was attended by students, faculty members, and professionals from diverse backgrounds.

The seminar began with an in-depth discussion on the role of SEBI (Securities and Exchange Board of India) in regulating and overseeing the securities market. The speaker highlighted SEBI's crucial role in ensuring investor protection, market transparency, and the development of a fair and efficient market ecosystem

Next, the seminar focused on the security market structure. Attendees gained insights into the different segments of the securities market, such as equity, debt, and derivatives. The speaker explained the functions of various market participants, including stock exchanges, depositories, brokers, and regulators, in facilitating smooth and transparent trading operations.

The primary and secondary markets were key topics covered during the seminar. Participants learned about the primary market, where new securities are issued through processes such as initial public offerings (IPOs), and the secondary market, where already issued securities are bought and sold. The speaker provided an overview of the mechanisms and regulations governing these markets, empowering attendees to make informed investment decisions.

Mutual funds were extensively discussed during the seminar. The speaker explained the concept of mutual funds, their structure, and the benefits they offer to investors. Attendees gained insights into different types of mutual funds and their suitability based on individual financial goals and risk preferences. The session also highlighted the role of mutual funds in diversification, professional fund management, and long-term wealth creation. The seminar introduced participants to the Risk-o-Meter, a tool used to assess the risk level associated with different mutual fund schemes. The speaker elaborated on the interpretation of the Risk-o-Meter and its significance in assisting investors in making informed investment decisions aligned with their risk tolerance and financial objectives.

Attendees were also enlightened about the rights of shareholders in the financial market. The seminar highlighted the various rights and privileges that shareholders possess, such as voting rights, participation in general meetings, and entitlement to dividends. The speaker emphasized the importance of understanding and exercising these rights effectively to protect shareholders' interests and promote good corporate governance.Furthermore, the seminar addressed grievance redressal mechanisms available to shareholders. Participants gained knowledge about the channels and procedures through which they can seek resolution for any grievances or disputes related to their investments. The speaker emphasized the role of regulatory bodies and investor protection initiatives in ensuring a fair and transparent market ecosystem.

In conclusion, the seminar on the Financial Independence Program by NSE Ltd covered a wide array of crucial topics necessary for achieving financial independence. Participants gained valuable insights into the role of SEBI, the structure of the securities market, primary and secondary markets, mutual funds, the Risk-o-Meter, shareholders' rights, and grievance redressal mechanisms.

The Department of Management Studies expresses its gratitude to NSE Ltd for conducting the seminar and sharing its expertise with the participants. The success of the event would not have been possible without their valuable contribution and support.