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Last Updated : Mar 24, 2020 05:14 PM IST

MCX IPF is issuing alerts on investment scams through captivating video

The foremost rule of investing is to understand the asset classes you want to invest in and take advice from SEBI-registered financial advisors only.

If you get e-mails about receiving huge sums of money by transferring a certain amount as validation of your account, or a phone call from a person offering an investment with unrealistic gains, do not pay heed to them.

It is easy to fall prey to these e-mails, advertisements, and online promotional schemes talking about hot investment tips and assured returns. By now you should know, they are investment scams.

The foremost rule of investing is to understand the asset classes you want to invest in and take advice from SEBI-registered financial advisors only.

To inform the investors about such scams and dubious calls, MCX IPF has come up with an animated series, ‘A Monk Who Trades’, where a monk is educating and spreading awareness among people on several investing  matters.

For instance, in this video, the monk informs about not getting carried away by luring advertisements, rumours, hot tips, explicit or implicit promises of returns, and so on.

Likewise, MCX IPF has produced a number of such animated videos to educate and inform.

Stay tuned for more

*This is a partnered post
First Published on Mar 16, 2020 08:06 pm

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