"We trust that you will avoid using harsh language and will refrain from making
unsubstantiated allegations against individuals and firms. Your constructive feedback
and opinions are very valuable to all of us in the industry. "
a k narayan is very good advidor of mutual fund industry i salute to u u are very good seller os funds.thanks
Your success in business of Advisory Services shows us ways to seek ahead.After abolition of entry load we Advisors gave priority to excelling in business and learnt financial maths and evaluating and monitoring funds to our creditable success. One thing I like to appeal to you to bring awareness programme on Investment in FMPs. as preference over FD. Keshari
Quite interesting and educative information.MFs not gaining base at grass root level for complication in transaction procedure and banking inability.They should follow practices of LICI and post office.Procedure need review and adjustment.
MR.A.K.N has taken the whole IFA community to a greater heights. Kudoos to him.
AGAR MALI HI NAHI RAHE GA TO BAGH KO KOAUN BACHAEGA????????????????
His ideas,views & advise regarding entry load,fee charges, provide solution for investment are exellent.
Dear Sir, I understand that mutual market is untouched in urban as well as rural area. To promote our economic growth mutual fund idustry is very important.As we know that inflation is increasing and mutual fund indusrty can give good return to the investors. Disributors role is very important,but we will not pay they then how we can increase our mutualfund AUM ? Mr.Bhave ex chairman view for not to give brokerege would be harmful for capital market.Being a IFS officer he will not agree but with this view.His wrong desicion has done lot of loss to the nation as a whole. Mutual fund indusrty is having great potention for economic growth. I think concern authority will consider long term view in the interest of Indian Economy. I think honour able new chairman Shri Sinha sir and his team is capbale enough and take right decision. HARSHAD BHATT ECONOMIST BARODA after
Sir, Very Valiable
Sir, can you throw some idea on how to maintain customer portfolio
i am very happy to take valuable knowledge from senior person.
this is v. good information. Its help me to improve in this industry.
SIR AS PER MY SUGGESTION THE ENTRY LOAD /ENTRY FEE/ IN BUILD IN THE INVESTMENT AS SMALL INVESTOR COME IN TO MF AND IF WE WANT FEES THEY ARE NOT INTERESTED IN THE INVESTMENT IN MF MY BE THEARE IS A LIMITED CAP OF ENTRY LOAD IN DIFFERENT VOLUME OF INVESTEMENT
Sir, I agree with u that it was too early to impose no entryload,sebi should have gradually reduce the load. also i agree the fee structure rs 100& 150 for redumption of other's investors, as they will understand the value of the broker. sebi shold come with ifa online platform.
WELL SAID Mr.A.K.N. IFAs should face that 2 years testing period for survival and better remunerative future, as we advise our investors for better returns. I totally accept all your views.
Smaller Towns have potential to invest but as rightly said by Mr.AK Narayanan, RBI/SEBI should make necessary changes in cheque clearing systems in Rural areas to develop Tier @ and 3 cities.
Sir, Your interview very much reveals the number of years invested by you in this investment industry. From your interview i have learnt how an experienced financial advisor is important to society. Your suggestions to improve the services standards are a welcome step to ultimately increase investors wealth and insight to various financial products. Best wishes Kartik
RESPECTED SHRI AKN , SOME SUGGETIONS FOR YOUR KIND ATTN - COMMON APP FORM ACROSS ALL MF'S FOR DEBT & EQUITY SCHEMES,INCREASE IN UPFRONT & TRAIL COMMISSION TO WHATEVER SMALL EXTENT POSSIBLE ON NOT ONLY EQUITY BUT DEBT MF'S ALSO,ONLINE PLATFORM AT THE EARLIEST FOR NOT ONLY MF'S BUT FOR BONDS , FIXED DEPOSITS , POST OFFICE SCHEMES ETC ALL PRODUCTS , PROBABLY IN THE BEGINING IT CAN BE ONLY FOR MF'S BUT GRADUALLY IT CAN BE UPDATED TO ACCOMODATE ALL FINANCIAL PRODUCTS,WE ARE READY TO PAY SOME ONE TIME UPFRONT AND SOME PER TRANSACTION WISE FEE. THANKS & REGARDS.
Mr. AKN is very clear about the industry needs. Mr. Sinha and his team should have people like AKN in their advisory Board(in addition to his position as member of Investor protection Committee.). His views are always unbiased and hence he should definitely find a place in the advisory board. That will be good for both the MF industry and IFA community.
It is very good idia @ genine.
if like this going on all mutual fund agents will shut down is business.agent commission is must without agent no industry wiil run.
Relevant and valid points made by Mr Narayanan. Standardisation and bringing about uniformity among AMC w.r.t service requests would make the process more convenient and cost effective for the advisor. Participation from smaller towns will happen only upon easing the clearing related challenges.
Completely agree with all the points highlighted by Mr.Narayan. Being a distributor from a small town it has not been worthwhile selling MF,s even during the entry load regime given the small ticket size. However it was continued with the thought of hoping to benefit the investor.Now in the no load regime it is now difficult to even service the investor given their unwillingness to pay for any services.
The points made by Mr A.K. Naryan ins very valid point and SEBI should look into this issue to make people to invest conveniently in MF's K. sriram Sivasri Premier Investments Pvt Ltd.
The points raised were valid and genuine, well said Mr.Narayanan.
AKN has been a bundle of energy. He is always fortcoming and ready to help. This is not only for a forum like IFA Galaxy but his attitude is the same for every IFA. We at IFA Galaxy are proud to have Mr. A K Narayan as our Management Committee member. IFA GALAXY
If any advisor or ifa/broker will not be properly compansated by asset management company then how he can give proper services to their clients because of their business mobilisation is not increasing in that extent to their expenses, ultimately he is bound to shut down his this work.
IT IS CORRECT. REG. UNIFORMITY OF APPLICATION AND OTHER SERVICE APPLICATIONS, FOR ALL SCHEMES THERE SHOULD BE ONE AND SAME SO THAT WE CAN AVOID OF WASTING TOO MANY FORMS, BY HELPING THE AMC PEOPLE ALSO NOT WASTING TOO MUCH APPLICATION FORMS.
The last point made by Mr naryan ins very valid point and SEBI should look into urgently to make small town people to invest conveniently in MF's