"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. "
TKS ASHISH
Dear Ashish i read each word,your suggestions & thought will help. Hope AMC & REGULATOR MAY CONSIDER.
Very well said Ashish. Bang on.
Superb thoughts.... brilliantly articulated.
Its positive !!!
thanks and hope regular motivated us.
Ashish, thanks a lot for this well articulated and insightful article. Me and my clients are enjoying this bull run. Read your article after recieving your whatsapp. Mr Sumeet Vaid also endorsed your article to me. Regards Pradeep Jain
Nice articles Mr. Ashish it is extremely motivating for the IFAs and for AMCs. Your prediction about corporate money moving out of Mutual Funds in the future following conducit business environment or business bull run as you call it is so correct and indeed a food for thought for AMCs. As far as your concerns about direct plans are concerned I think with the change of Govt at the center we should hope for some changes if IFA associations makes representstion to PM or FM
Great insights!
well said The mantra of prosperity and success which you described is appreciable . we have to grab the opportunity.
It has always been a delight reading your articles and very relevant in todays scenario. Every advisor should understand this coming opportunity and work according for a meaningful and sustainable business model in coming years.
Always great to listen to what you have to say. Golden nuggets. Thank you for sharing your thoughts with us.
Ashish Ji. well said.. very deep insight. you are always a big inspiration and motivation for us.. thanks a lot..
Thanks a lot Ashish for the article. I really liked your suggestion on B15. Instead of T15 & B15 it should be Retail & non-retail. Also agree with the threat of Direct plans. IFAs can get level playing ground if the difference between charges of retail & direct plan is reduced by 50% from current 0.7% in equity funds. The amount so available can be used to reduce total cost which currently in equity funds has increased to about 2.5%average affecting investors returns.
I fully agree with the views of both the Goel brothers. In fact each one of us are sailing in the same boat, we have everything common in our business including the behavior of a clilent.
WELL WRITTEN
Very well articulated arguments. Thank you Ashish & Manish for putting things in the right perspective. I agree with all your points except the fear of direct plans as personally I am in an AUM based Fee model and both me and my clients are very comfortable with them.
I always believe that passion and hard work pays a lot now countdown started. i fully agree with above views.some new changes in industry are showing possitive energy.we should encash this opportunity to creat new benchmarks. "Aachhe din aa gaye" Three Cheers for three bull run.
Very well written article
Lets hope the entire industry is reading this..
Very well articulated. A new KYC with first investment should be considered a part of Investor education program(executed by the distributor) and the distributor should be rewarded accordingly.
Good perspective for the IFAs and equally important note of caution regarding MF utility. This has been the permanent feature of having one or the other sword hanging over the head of the IFA. There should be a clear and concrete regulatory framework for 3 to 5 years and changes can be done only after that period.
A well thought out and comprehensive one.We all should vie for the quantum jump.
Since DFDA members sensed this opportunity early enough, I expect its compounding effect to be very visible in the AUMs of its memebers over the next 3 years.
next 5 year for IFA. GOOD ARTICLE