Franklin India Bluechip Fund - Growth

What happen finally L&T win the race I told very clear that this is publicity stunt of nitin patel amfi must terminate this kind of IFA immediately.....

I would agree with the view of Nitinbhai, the concepts of distributors owned company up to 49% / at the same time having the minium commission and looking for higehr returns, this shall give a deadly combination as there is no dispute on the abilities of Fiedelity Fund. the cusotmer like me would be convinced with the passion and view of distributors are not working for the commision but working for enrichment of the value of Fiedelity India. If given a chance for putting a reasonable investment and be a distributor, i shall be agreed. regards,

This is clear cut publicity stunt of Nitanbhai Patel one of the small ifa Ahmedabad fidelity Must terminate this kind of IFA who do unethical announcement without considering the AMFI Code of Conduct for just publicity I also request SEBI Chairman to Suspended the ARN of Nitanbhai Patel with immediate effect

good idea sir, vijayawada ifa association also interested to buy some stake

Why not?? The time is ripe to show the strength of the Distributors. That against Fidelity will be hitting the nail on its head... What an idea sirji... Carry on, we are all with you..

i strongly agree to get 25 % of our payout from all AMC as equity like DSOPs. it must be mandatory for all AMC. we must unite as a corporate entity to bid not only fidelity but try to get control of all AMC's. Anyone who aggressive on my idea can contact me @ SUNIL FINANCIAL ADVISORS PVT. LTD. Long live IFA,s

nitin sir it is a supported matter to u. fidelity amc not recommend ifas for distribution and enhance distribution network and some unique selling schemes are run by these amc it is advantage to me. goodluck to us..

its a great idea, but yes fanciful and also if we are bidding for fidelity's business and come to be partner in it then we cannot arbitrarily put it on recommending their funds as vested interest will come into the picture

There is no common platform for IFA in India if it is possible it will be 1st step to join all IFA via this

Yes, it is a pathbreaking idea and should be taken to its conclusion. Need to spell out that if this AMC is valued at 400Cr, then how may distributors/individuals will participate in 200 cr pie (assuming that balance 50% goes to some corporate)and who will sit on board. Idea is to prevent the phonmena of " too many cooks spoil the broth". good luck and i suppor this.

SIR, IT'S A GREAT IDEA. I SHALL GIVE YOU FULL SUPPRT

i think this post has got one of the maximum comments...let me also add to the long list... totally not practical idea sirji...

A GREAT THOUGHT. NEEDS A GREAT TEAM WORK ALSO. ATLEAST THIS WILL BRING OUR IFA COMMUNITY ON A SINGLE PLATFORM & UNITED. WILL LIKE TO DO HARD WORK UNDER GUIEDNESS OF SHRI. NITIN BHAI. refrence emial b.ketan@rediffmail.com or cell - 9422221149

Brilliant Idea Sir, needs to be executed and this is the wonderful way forward.it will improve the confidence levels of the investors and also that of the Financial consultants. all the best Deepak

great idea.go ahead.i am ready to join on ur call.

Full support to Nitinbhai

Good story but not practically possible at all….....

yah, i liked the idea which will grab the investor confidance of the investor who has invested in fidelity.further it will send good massages to the market.

Take over of Fidelity by a Consortium of IFA's and the concept of DSOPS are commendable ideas worth the support of IFA community and only a smart entrepreneur from Gujerat the state of smart capitalism can think of enterprising ideaslike these. I will be delighted to participate.

Great Idea Sir. Please continue the efforts in implementing this.Try to keep all IFA's update on it. We will work together to bring a new era in Mutual fund Industry.

Excellent idea and will be a new direction for the mutual fund industry and definitely will also help to improve the status of IFAs. I will be delighted and extremely eager to join and actively work for this concept.

It is great idea for distributor.

many new ideas which change the course of things in future look foolish, fanciful, unrealistic at their conceptualisation. to me the idea looks great!it may or may not be practicle under current laws & regulations but it is certainly worth a serious thought. further,i am also interested in participating in it. i donot think it will creat any conflinct of interest as one can work with an employer while holding shares in a compeating company. LASTLY, D.S.O.P. IS DEFINATELY AN IDEA WHOSE TIME HAS COME.

I am with you, Sir, Aap Agey Chalo hum Aapke saath hain.

yes, good idea . let's unite and form a forum to push this ahead

The idea is good if IFA are involved and they bid for the AMC and promote the Fidelity business. It will give good incentive. But I suggest minimum investment should be fixed and AMC should be listed on the sensex.

I like the idea. I will support.

Very good idea

I appreciated nitinbhai idea.I am ready to work with dsop proposal.

GOOD IDEA, I APPRECIATE THAT IDEA

Good idea Great thinking Go a head we all are with u from eluru

DSOP is Good idea

Very nice idea. We are all with you.

GOOD THINKING, WE MUST DO IT , CONTINUE WITH IT WE ALL ARE WITH U.....................

Nitinbhai Patel Kudos to you Sir for the great idea. Very True A Good MF House is up for sale and A GREAT DREAM. Try to work out the same and accomodate small IFA's as we were never able to empanel ourselves.

Mr Nitin, It's an excellent idea to bid for Fedility. It is high time to take stake of the MF houses through a consortium of distributors. The industry(manufacture) should consider the sweat equity concept or we the distributors should start buying the stake of AMCs.

My God, What an idea? Distributors bidding for an AMC which selected 'choose strategy' while empanelling IFAs. Tit for tat. Kudos Indian IFAs.

If the given idea is implemented there will be some more key distributors joining the AMC and surely the performing funds(if the past performance is sustained in the future) will be included in their investment recommendations to their clients.

Is it necessary that DSOP to be a subtitute of commission?DSOP can be offered by any AMC to any distributor depending on his contribution in the growth of AMC.It should be a concept of rewarding efficient distributor inaddition to the brokerage they get.there is no need to lower the rate of commission as a condition for offering DSOP.

I AM AGREE WITH HIS SUGGESTION.

An excellent idea-an Idea which can change the stature of all IFAs- & worthy of support by all IFAs

I like Nitin bhai's idea . I would surely like to support him

Nitinbhai, i am very delight by your innovative thought process and also the response u r getting from the IFA community. Mission IMpossible seems now I M possible.. i was there with you in I mentor seminar and saw your confidence in the idea. it is said that Dreams comes true and for that you need to dream.. best wishes

VERI 2 NICE& BEAUTIFUL IDEA FOR IFA

Dear Nitinbhai, I really appreciate and would like to invest with u for fidelity as an IFA from Dahod pls do contact me hope to hear soon from you.

IT WILL BE APPRECIATED AND NITIN BHAI YOU GIVE YOUR TELEPHONE NO. AND EMAIL ID FOR DISCUSSING OF STRATEGY WILL BE MADE IN YOUR MIND WE ARE INTERESTED IN THE STAKE

Nitin bhai I am with you. please keep the plan open for all IFA

This is clear cut publicity stunt of Nitanbhai Patel one of the small ifa Ahmedabad fidelity Must terminate this kind of IFA who do unethical announcement without considering the AMFI Code of Conduct for just publicity I also request SEBI Chairman to Suspended the ARN of Nitanbhai Patel with immediate effect

Its a really very interesting & surprising proposal. First of all I wish to congratulate Mr. Nitinbhai for having this kind of novel thinking at IFA levels. I am fully with Mr. Nitinbhai such proposals should always translate into handsome gains in longterm . DSOP is very new and intereasting one. If given I am ready to work on lower commercials. MILIND KHANIS KHASNIS SECURITIES PVT. LTD. NAGPUR

Hi, Though i really appreciate the audacity of Mr.Nitinbhai,i guess this will be detrimental to the independence of financial advice.The very purpose of IFA - "Independent" Financial Advisor will loose its purpose if he owns an AMC,although jointly.It will result in a circuitous conflict of interest setting a wrong precedent. Warm Regards, B.Natesan Swathi Financial Planning Services,Chennai

I think this is the finest thought and wish to see it comes true as earliest. I am a advisor from little town and I am also keen to join nitinbhai.

While the idea of owning a piece of a fund house like Fidelity is definitely mouth watering, but it clearly would create a 'Conflict of Interest'. In our line of business, the normal business strategy of backward/forward integration is not relevant. Its in the Investor's interest that product manufacturers and Adviser's remain distinct entities.The difference between an IFA and banks would cease to exist.

Good Idea!!! But IFA's pockets are not so deep to buy Fidelity AMC...I saw a good Calculation is given on Facebook related to this article: https://www.facebook.com/TechnologyUpdatesforFinancialPlanners?sk=wall

Any out of the box thought and bold vision has to be always welcomming. I am game to take stake in this direction at what ever cost it might trickle down to. Pls keep me posted regarding the further developments on these lines and be sure of a positive reaction towards a mutual benefit. Yes the interest clash is one thing that might be an apprehension for one and all. The regulator I am sure will have his say in this matter. Let the investor think about this and act as he finds apt and let us only be focused on our role with and without our stake in an AMC as we have always been. Good luck for all those giving the necessary push in this endevour and look forward to earnestly hear further positively and at the earliest. Regards, Nanda Kishore

PLEASE CONTACT FOR 49% I WOULD B INTERESTED IN THAT PART

Nitin bhai I am with you. Please contact me at my email. share your strategy how you go about.

I would love to participate in the 49%.Please contact me at prwealthplan@yahoo.com

I am proud of you Nitinbhai now we will become manufaturer and what they have not done in last 10 years we will do for investor and industry. I am with you. Suresh Mohta Member Ask circle Kolkata. and MFRT (Mutual Fund Round Table)

its great idea to inrich the distributor and mutual fund business. well done we are ifa from northern india will support and participate

Excellent plan and executable one ... go ahead sir ji

Sir, Excellent idea, we all the like minded IFA"s across India get together then why not we alll bid for Fidelity Business. Whenever any AMC exits the business and pocketin huge amount in shape of premium and part goes to its employees and top most managment persons, why IFA's on whose gathered AUM AMC has pocket in Premium are left out. We should also get some part of the premium amount according to the AUM of each IFA.

great idea yeah gujarti cooperative system either it is amul , reliance , or know in fidelity ,cooperative system is going happen once again carry on gujart ifa bhai

Well Thumps Up for this excellent vision. it will realy help IFA's to be an enterpruner. I am up to it. Consider me also.

I would be interest in putting some investment if the valuation is right. If things move forward Nitin Bhai can contact me at vivekindian@hotmail.com.

For 51% stake we can contact Mukesh Ambani

Wanderfull and innovative idea.

It is a bright plan. Let us start with Fidelity.But we should be carefull on DSOP proposal,it may deviate us from professionalism,by being baised to Fidelity.

Yes.... We should definately do it???? Experince make it worth.Profit & loss is second aspect.. Do Take actionable step asap.. We are ready

Gujarat IFA's do not invest in their own business to upgrade or adopt new technology. How will they invest 49% cumulatively. Talking big is one thing and shelling out money is another.

Innovative and Daring Idea!! I m game... please let me know if the idea materializes... would love to invest in the AMC...

I wish Fidelity shall read it. When Distributors are so much "Positively Enthusiastic" about over all "Quality Of Fidelity" in India; then "Why This Sale News" is doing rounds ?

Good idea !

i like it i am very small arn holder but wants to join

First of all I salute to Mr. Nitin Patel for thinking big as well as thinking out of the box. Whether this idea becomes reality or not is other matter but it will definitely put a milestone to think further. This idea is outcome of Mr. Nitin Patel's whole hearted commitment to our profession of IFA....Let this breed grow exponetially......Congratulation once again.......

Its a good idea. that will genrate good income. Continue the work, I am Intersted.

Fidelity had ever nigleted gujarat. No AMC can ignore gujarat if thay want tobe establish in India. No AMC can develop their AUM without IFA support. Nitinbhai We are with You.

wonderfull and visionary idea sir, go ahead and i also want to be a member of board.

Wonderfull Idia in IFA Community i am also intrested

Good thought... There is the time to think new things that can help both AMC & distributors. Nitinbhai please continue to give your innovative views....

I WILL BE DELIGHTED AND EXTREMELY EAGER TO JOIN AND ACTIVELY WORK TOWARDS ACHEIVING WHAT AT INTITIALLY LOOKS LIKE A DREAM.MR NITIL PATEL, GREAT TO HAVE THOUGHT OF THIS INTIATIVE. Contact No 97254 10042

I do not wish to dicourage anybody but being a owner of AMC is very different from being an IFA. You can start any venture or new business by forming a company or group from IFA community.In that case name "Fidelity" is not important.If you wish to diversify then decide first in Principle.

Excellent concept and will b a new direction for the mutualfund industry.

Its a daring and possible idea and I support it fully. This will not only establish a new business model in the country but it will give the much required boost to the Mutual Fund Industry in which many of the players have lost faith. It will give a message to all about the faith in the industry by IFAs. I have always believed that we IFAs have to join hand and come together to strengthen the industry and our own well being and this can set the biggest example that self help is best help. I am a Certified Financial Planner and feel that we are many years behind in terms of the progress which this industry should have made. We are suffering from Policy diarrhea in many issues and policy paralysis in others. This is true with any/all issue that India faces today. This initiative by Nitinbhai is mush needed shot and I will do every thing to make this possible.

The idea is possible. The basic concept of mutual fund benefit will make it viable. India can show the world the way. See how Amul became a international brand why not this idea

GOOD IDEA. KEEP IT UP. PL LET ME INFORMED REG DSOP.

Nitin Bhai iam with you and i willbe part of in this idea actually fidelity not empanled tier3 and tier 4 cities. If your dream come true we all IFA with u sir

it is good idea i am also interesting

sir This is verry good idea.We will work for our amc

Nitin Bhai iam with you and i willbe part of in this idea actually fidelity not empanled tier3 and tier 4 cities. If your dream come true we all IFA with u sir

i will be particpate

Really an innovative idea. A move that will enhance value of IFA's among their clients. It will be a boosting step for Mutual Fund industry also. All the best to Mr. Nitin Patel.

Fantastic idea by Nitinbhai. I am with him.

I like the idea and would want to participate in it.

A GREAT IDEA AND AM SURE WILL BE A TURNING POINT IN RUNNING ALL AMC'C

i am also interested as one of the stake holder and i can also bring ifa as stake holder

1 and 2 sound . If IFAs bid for fidelity we will not be IFAs any more we will be manufacturers , AMc would percieve us as competetion !!DSOP is definitely a good idea but please lets not stop the foreign trips ,Heads of States go on foreign retreats so do CEOs , amcs dont face the music when markets fall 50 pc, IPOS vetted by regulator and merchant bankers fall by one third , liquid funds break the buck , we are in the front line ,why grudge a foreign trip , a beach ,a pina colada or a round of golf which acts like a balm on bruised rejected egos of a financial adviser after making many phone calls ,trips and getting rejected by clients poor fellow or lady makes a foreign trip! Commisseration apart these getaways are the only time cell phones get shut , we read ,meet new advisers , exchange ideas , my best sales ideas have come on bus rides at 4 am to the Suez Canal , understanding wines in a monastery in Tuscanny , at the cricket fields of Antigua with fellow advisers

I think there should be a clear distinction between a Financial Advisor/Distributor and a Investor. I feel that we are advisors and should do only advising. We also talk about diversification, if we too become investors we will try to sell only products which are available with the AMC which we become co owners. The dream of Mr. Nitin Patel is good, but we need to be prudent enough to differentiate ourselves.

Why not ? Would like to be a part of any such group up.

UNITED WE STAND , THREE CHEERS FOR NITIN BHAI. I WISH , YOUR DREAM TO BE COME TRUE.

I think Mr.Patel & the group don’t that how many zero`s in 1000 Cr required to buy fidelity another story is we are paying for our ifas aum to fidelity it’s better to redeem and switch this money to any good amc and earn spending is not a good idea earning is always good idea

What a idea Sirji . I am with you (Arn).

The Idea is great. It works when all of us join with hands and brains. More contributions from our IFA community in taking this forward will lead us to achieve this Goal. I'am for it and will support in any matter.

We are pround of you.Great & Good Thoughts.

Why Fidelity All AMC with Low AUM and haveonly FIVE AMC who care for Investors investment differentiating between FII s and Indian hard earned money investors with Goal Based Products. Restructuring For Long and short term Goals. Now after allowing so many Insurance Companies in one decade now talking about need based selling. Network marketing with IDSA members with clear details of Investment,expenses and returns which also talks about dream realisation and financial independence who are tying up with insurance companies but why not with Mutual Fund AMCs . All financial Options for investments tax implications have to be considered for investors by CPFA/CFP

what a fantsstic idea .why distributor can't run anAMC withnstock option to distributor.explore the way thank nitian

I 2 had the same idea but thought that bringing in 1000 crores is a 2 big himalayan task for us, if at all he starts a consortium then goes for a successful bid, then I cud support him with 50 lacs on my persoal front.