very good sugessation by dfda team. good to see active IFAs. A very intresting and important article. i can say it is times need.

LOTs of suggestions rules out to be nothing implemented I Fear. & importantly nothing spoken about IFAs service tax exemption. Still a very nice initative taken here in.

Very well documented and hope this time the Govt. will show the courage and true spirit in including the right measures to increase the confidence of the domestic investors in the capital market through MF. All the best team DFDA Tax free Alternate funds to attract a chunk of population which remain ignorant to any kind of investment through financial instruments should be considered sincerely to achieve inclusive growth in true sense.

Apart from above suggestions,I feel looking at the future potential, size and importance of Pension in India, government should introduce tax deductions under separate section for investments into Pension funds run by Mutual Fund companies.

Excellent Suggestions!!! Now it is upto the body to present these points effectively to the Ministry..Kudos to Team DFDA...

Empowering of IFA is the motto of DFDA but these sugestions will not only help empowering IFAs but also the industry. It is high time when SEBI AMCS Govt should realise the importance of an IFA for the growth of Indusrty and citizens. all the suggestions including that of VDIS and section 54EC are good.

Most of the things have been covered.

Excellent suggestion . Finance Ministry must look to implement in coming budget to give a boost to household saving coming to capital market

Good suggestions made , if implemented should lead to better savings and a more constructive approach towards the financial services industry. by channelling more domestic money into our capital markets through mutual funds we shall decrease our dependency upon FII money, tax breaks for education saving will go a long way in increasing the level of higher education in india. we all appeal for a better and constructive approach to be adopted by the govt towards the mutual fund industry and all its participants.

This suggestions are well noted down for the growth of Mutual Funds Industry. If these suggestions are accepted and implemented it will certainly boost the possitive sentimantes .

All the listed suggestions are investor centric hence should be taken seriously by the finance ministry.

Great points. Personal appreciation to all core members and others initiated for the progress of the society. I would like to add few points: There is a tendency seen AMCs coming with NFOs using selling point Rs.10/- unit price. My point is that, there is a limit of maximum number of Schemes per AMC whether sector fund, theme fund, diversified equity fund, balanced fund and so on....I feel it is a REPLICA portfolio. 80 - 90 percent portfolio of schemes, top 10 holdings is HDFC Bank, in the past it was Reliance Industries. I think AMCs should focus the existing schemes instead of increasing REPLICA portfolio NFO, spending unnecessarily , ultimately it is investors money.

All the suggestions are very relevant and valid. Further, if we can device a convenient way to accept cash in MF branches or authorised points so that a larger number and small investors can avail benefits of SIP or lump sum investments .

Excellent suggestions. Certainly the points put up if implemented and can make huge changes in the financial market. I personally feel that Finance Ministry should look into the mentioned suggestions and try to implement this. Good Work By team DFDA.

Excellent Suggestions, If implemented will be able to channelize domestic savings in Financial assets which are productive in nature. 2. The Previous generation has a firm belief to invest in property and Gold only. Government has to give additional incentive so that people can think otherwise and put more money in capital market.

Thanks DFDA. Well reesearched and well thought proposals. Will the government bite the bullet and really want this country to progress or will narrow minded lobbying groups get priority? Lets ee on Feb 29.

Any client investing directly should have at least Amfi / NISM pass out else the condition of passing exam should be exempted for everyone Fund expense ratio of Regular and Direct should be fixed and let the AMC decide what to pay to IFA.

Excellent Suggestion.I agree to the suggestions given by our esteemed team of DFDA. Finance ministry must look to implement in coming budget to give a boost to household savings coming to Capital Market.

Very good and helpful points are pointed out by the DfDA team. They will prove useful for us if followed they will help to increase the penetration in the mutual fund industry. If finance minsitry seriously looks at these points, it will really benefit this industry. Also, IFA should be exempted from service tax as it is unnecessary burden on them. We realy appreciate the efforts of the profienct DFDA team.

Even if the above suggestions are accepted partially or in a phased manner, these steps will lay a strong foundation for a sustainable achche din of the equity markets and hence the economy.

All the above measures will help to promote long term savings.

I fully agree to the suggestion given by our esteemed team of DFDA.

All points are perfect and really meaningful Hope they give special ears to this

The NRE deposits are tax-free. They should offer similar tax free investments in debt mutual funds for more than a year - in other words, investments in Debt scheme from NRE account should be made tax free. Reasons - 1. Banks seem to have more NPA levels than mutual funds and hence MF seems to be a better way to use NRI money for economy. 2. Banks wanted DDT in mutual funds to be increased to get level playing field. For NRI money , MF should get the same level playing field. Akhilesh Gururani, Dehradun Website :http://mind-money-mistakes.blogspot.in/

GOOD POINTS RAISED BY DFDA ..........MINISTRY SHOULD TAKE ALL THESE SUGGESTIONS SERIOUSLY AND POSITIVE MANNER,IT WILL REALLY HELP TO PUSH THE INVESTMENTS IN THE COUNTRY.

very good points shared by DFDA. please also raise voice on the removal of service tax on distributors brokerage. Very good suggestions. Join hand all IFA association. To make these recommendations implemented.

very good points shared by DFDA. please also raise voice on the removal of service tax on distributors brok.

Welcome suggestions for mutual fund Industry and common man. Will be good if most of them are implemented. Appreciate your efforts DFDA Team.

DFDA raised the voice of distributors. Most of points which were raised are very much related to the industry. Finace ministry must have to look all the matters seriously this will definitely help the industry