“News neutrality by unbiased coverage”
One News Page
> > Launches Free Online School for Financial Literacy

NewsVoir Tuesday, 3 July 2018 () Launches Free Online School for Financial LiteracyIn an effort to help young Indians build wealth, **, India’s only e-commerce player in financial products space, has launched the country’s largest free online school on investment, reaching over 1 million users at its launch. The new initiative - 5P School - is available both on its website and 5Paisa Mobile App.

* - Online school on investment*

India is the youngest country in the world with about 60% of the work force in the age group of 20-40. More than 1 million people get added to the workforce every month. As they start earning and saving the big question before them is where to invest their money so that they can protect it from inflation and save for rainy days. While fixed and term deposits are seen as safe options, they barely protect the savings from inflationary pressures and may even give negative returns over the years. 

As per research on investment aspirations of young Indians in over 1000 cities, the new millennial is not interested in putting their money in low return fixed deposit, real estate or in gold. They are looking at active ways to make sure that their savings are not only protected from inflation but also give them enough to meet their goals such as retirement, a rainy day such as illness, marriages etc.

Everyone knows that in the long-term stock market could give very good returns. One can also invest in stock market through mutual funds as well. However, the most important question is which stock and mutual funds to invest in?

There are many examples where people have chosen wrong stocks or have been lured by financial quacks. People lose their money while investing through tricksters or fly-by-night operators. There are many investors who start investing in F&O because they are advised by brokers who earn more brokerage through such trades. Gullible customers don’t know that this kind of leveraged trade can wipe-out their capital completely.

“This is why we have conceived 5P School. To educate the young Indians about key investment principles and making them aware about the products available in the market that can build their wealth faster,” said* Prakarsh Gagdani, CEO,*

Keeping the research findings in mind, has provided with several modules for investors or even for the people who are from the non-finance background. The courses have multiple levels - from beginner to advanced - all written and developed by experts in the industry. The courses are complimented with very entertaining and easy to understand videos. The duration of the videos are in a two minutes capsule format.

The course work includes investment concepts like stocks, mutual funds, systematic investment plans, derivatives, technical analysis, and fundamental research among others. This is complemented by simple articles on the art of investing. believes, while the investment on education training may not immediately result in business or new clients, but this is an initiative to build the brand and also widen the base of the investing community. In India the percentage of investors investing in Equity, Mutual Products is perhaps least in similarly developed countries.

This is one reason, why most Indians are not able to build wealth, get returns on investments as large institutional investors, large mutual funds or high-net worth-individuals are getting. This is an initiative to help retail investors to not only understand financial literacy and investment but also to help them plan their future and make the best of their investment.
Share on
Share on
Post on 
Share by

You Might Like

Recent related news

Apple launches Back to School promotion with free Beats headphones offer

Apple has commenced its summer back-to-school promotion, offering its education customers free Beats headphones on top of existing savings for select Mac...
AppleInsider - Computer Industry

Tweets about this


Neel Achary @5paisa Launches Free Online School for #Financial Literacy 1 week ago


NewsBarons 5Paisa Launches Free Online School for Financial Literacy #literacy #corporatenewsindia @5paisa 1 week ago

Other recent news in Press Releases

Shinil Group found the RUSSIAN first-class armored cruiser Donskoii which sank near Korea's Ulleungdo for 113 yearsPayServ Named a Top HR SOFTWARE Security Solution Provider
Transportation Technology Leader DemandTrans Appoints Sarah G. Boden PRESIDENT And Chief Operating OfficerMorsco Enters Nevada Plumbing Market With Purchase Of Desert Pipe & Supply's LAS VEGAS Branch

Recent related videos

Tampa beauty salon owner helping moms, kids in need with haircuts and back-to-school supplies [Video]Tampa beauty salon owner helping moms, kids in need with haircuts and back-to-school supplies

Giving Hands Beauty Salon's Vanessa Howard is helping others with free haircuts and back-to-school supplies.

ABC Action News -

Free back-to-school immunizations for kids [Video]Free back-to-school immunizations for kids

Find out how to get Free back-to-school immunizations for your children on July 14.

KTNV Channel 13 Las Vegas -

Overcrowding solutions sought by Baltimore County Public Schools [Video]Overcrowding solutions sought by Baltimore County Public Schools

The first day of school is less than two months away for many students, and some parents worry that classrooms might be too crowded What do school administrators plan to do about those concerns?..

Rumble -

10 School Trips That Went Horribly Wrong [Video]10 School Trips That Went Horribly Wrong

We've all had our fair share of bad school trips, but these are sure to blow yours out the water. Here are our top 10 school trips that went horribly wrong, featuring a sex tape, an on-the-run..

alltime10s -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+