Congrats on the excellent presentation. They would not have even imagined that we would give such an exhaustive inputs.
I only differ in one aspect regarding rating the Advisors based on Infrastructure and knowledge. once infra is expanded Advisor would hv pressure to do mistake. Again the recent frauds which hv come to limelight are done by highly knowledgeable distributors (relationship Managers). Advisors should advise from their heart, then only mis-selling will not happen.
I congartulate the IFA Galaxy to take the initative to save the MF industry by the presantation and the points. I also would like to thank each and every one who helped by giving their comments before the meeting.
This is a wonderful feedback given to SEBI,Great effort by IFA Galaxy .SEBI needs to understand our concerns and AMFI should be proactive in its approach.
AMFI platform is a must for scalability.Common forms for all financial and non financial transactions would bring in uniformity and provide convenience to all.
Congrats!, inviting the conferance, and hereing view, this it self great sucsess, i can see good sign of prosepriety of our IFA Coummnity. All the points well accpted. Great keep Unite and strenthen our Focus. S.Ravikumar, ARN 4369
Excellent representation done by al. Thanks a ton. These representations will make our lobby strong in coming time. AMFI/SEBI always boasts of savings investors money by abolishing entry load but no one has calculated for the loss done by them due to diversion of investments in High cost ULIPs.
I think these steps will take our industry one step ahead. We should have a nation wide association too rather then from different regions.
dont you think the IFA galaxy again blow a air for making the industry more cumbersome. its should clear in all the aspests of the problems not making new rules , i thought the meeting again put ionto vain , the out come must be nil. its a shameless effort by the members.
Well done IFA Galaxy, Congrats on the excellent presentation. Finally SEBI and Amfi understanding the role of Distributor in Mutual Fund Business. Very happy with this excellent move and hope some positive feedback from SEBI.
wonderful...and a great effort. all the best. i also feel that rating of advisors is a dangerous thing...include more views points from the cross section of advisors before going forward on this point. best regards, babu
You have done a great job and your suggestions are all noteworthy. I just hope that SEBI accepts at least 90% of what you people have suggested... This will breath some life in the MF industry which is now in ICU
13 comments:
Congratulations. It was a great effort turned out to be a massive Success.
You have paved a way for the future generations of IFAs. Perhaps you have restored the sustenance of the endangered IFA Community.
Wish you a Great Life ahead,
SSR
Congrats on the excellent presentation. They would not have even imagined that we would give such an exhaustive inputs.
I only differ in one aspect regarding rating the Advisors based on Infrastructure and knowledge. once infra is expanded Advisor would hv pressure to do mistake. Again the recent frauds which hv come to limelight are done by highly knowledgeable distributors (relationship Managers). Advisors should advise from their heart, then only mis-selling will not happen.
L.Kumaar ARN -0037 Chennai
I congartulate the IFA Galaxy to take the initative to save the MF industry by the presantation and the points.
I also would like to thank each and every one who helped by giving their comments before the meeting.
Regards to all
PVJ
This is a wonderful feedback given to SEBI,Great effort by IFA Galaxy .SEBI needs to understand our concerns and AMFI should be proactive in its approach.
AMFI platform is a must for scalability.Common forms for all financial and non financial transactions would bring in uniformity and provide convenience to all.
good step taken by IFA galaxy & FIFA
but some measures also taken regarding ECS in rural banking regarding ecs bounce charges & ECS rejection
Good Attempt! i feel agenda 1 point 4 should be by benchmark for example Hdfc Top 200 Fund/Benchmark BSE 200. or HDFC Mf Benchmark BSE 200.
Thanks
Ojas Shah
ARN - 0128.
Mobile 09323106772
Congrats!, inviting the conferance, and hereing view, this it self great sucsess, i can see good sign of prosepriety of our IFA Coummnity. All the points well accpted. Great keep Unite and strenthen our Focus.
S.Ravikumar, ARN 4369
Excellent representation done by al. Thanks a ton. These representations will make our lobby strong in coming time. AMFI/SEBI always boasts of savings investors money by abolishing entry load but no one has calculated for the loss done by them due to diversion of investments in High cost ULIPs.
I think these steps will take our industry one step ahead. We should have a nation wide association too rather then from different regions.
Regards,
Tarun Gupta
9818287771
ARN 57671
dear all
dont you think the IFA galaxy again blow a air for making the industry more cumbersome. its should clear in all the aspests of the problems not making new rules , i thought the meeting again put ionto vain , the out come must be nil. its a shameless effort by the members.
Well done IFA Galaxy, Congrats on the excellent presentation.
Finally SEBI and Amfi understanding the role of Distributor in Mutual Fund Business.
Very happy with this excellent move and hope some positive feedback from SEBI.
Thanks to IFA GALAXY and SEBI to take a Reformation Process to develop mutual fund Industries. hope Sebi will take a positive Action on this issue.
Regards.
Kiran Kailas Shinde
ARN - 16596
CELL : 9890036116
PUNE
wonderful...and a great effort. all the best.
i also feel that rating of advisors is a dangerous thing...include more views points from the cross section of advisors before going forward on this point.
best regards,
babu
You have done a great job and your suggestions are all noteworthy.
I just hope that SEBI accepts at least 90% of what you people have suggested...
This will breath some life in the MF industry which is now in ICU
Post a Comment