"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. "
Disclosure of commission introduced. By SEBI is not a correct step in favor of distributors nor in long term favour of client also.as so many investors who are not aware about markes the IFAs get them into the markets and promote retail investment inflows in the markets IFAs contribute the awareness of markets to the clients and they have introduced so many clients to the financial markets and indirectly bypassing the distributors from the financial system is not a correct way
I am doing mf business morethan Ten years
as IFA .If SEBI CRUSH IFAS Business and motive
direct plans.AMFI MUST FIGHT FOR US
Government system about complanant and govt.low gread officer is corrupt why ?becouse low gread officer sending reports to govt.boss is falls .suggestion is that high gread officer must collect file himself and then declared order
I GO WITH SUCESS HAS MANY FATHERS AND FAILURE HAS NONE. I DO NOT BELIEVE IN INDIVIDUALISTIC ACHIEVEMENTS. AT THE SAME TIME ACCEPT THAT NO ONE DEPENDS ON THE OTHER AND VICE VERSA. IN THIS WORLD EVEN AN IDLE MAN PLAYS HIS ROLE IF ONE CANNOT PAY FOR HIS SURVIVAL THEN HE IS A CULPRIT. WHAT EVER MONEY THAT I HAVE IS NEVER MINE IT BELONGED TO THE OTHER ONLY.
BE SURE IFA ARE IFAs THEY (IFAs)CAN SURVIVE ANYWHERE BUT NOT AMCs WITHOUT IFAs. LET AMCs try it.
A Thought provoking article. At this crucial Juncture AMFI must fight with SEBI to remove draconian law, otherwise we both have to perish.
What is the future of IFA business? It looks like SEBI wants to eradicate all IFAs. But the real culprits are not IFAs, the real culprits are Banks and large national distributors who mis-sell products. But ultimately IFAs are affecting.