please discuss and let us know your views about my comments of 11th march 2013- shown below in this mail...Resp. Bindal Sir / OTHER EXECUTIVE OF FT MF MUST BE READING COMMENTS PLACED BY OTHERS .. AS THEY ARE USING THIS PLATFORM FOR KNOWING DIFFERENT VIEWS AND TAKING STEPS FOR BETTERMENT OF INDUSTRY AS A WHOLE...

Respected Bindal Sir , I expext, is reading the comments of others.. He is totally right in taking credit as first mover.. Simultaneously. he must answer his / amcs weakness...

Very good initiative, by Franklin Templeton. It encourages the long term business players. It will be a win-win situation to all the stake holders. Hope other AMCs also follow FULL Trail model.

Very Good Idea to save IFAs revenue. Why IFA should be penalised by Investor for withdrawing before one Year ? Let the Investor pay Short Term Capital Gain/exit load as everything is explained to Investor before investing...

Good move which shows the concern of an AMC towards its team of advisors (IFAs). I believe everyone will welcome this step by giving more business to the AMC there by giving a message to the whole MF industry that we care for those who care for us. best of luck

Satisfactory policy. But the FUND House should keep up the sound scheme returns.

GOOD STEP

Very good move, actually this is quit good for industry as well as advisors who will be for long time with the industry. But this should continue in future also so that advisor should get proper return.

Very good move, actually this is quit good for industry as well as advisors who will be for long time with the industry. But this should continue in future also so that advisor should get proper return.

WHY PAY UPFRONT AND HAVE CLAWBACK.THIS IS BETER MODEL BY FRANKLIN TEMPLETON.THIS MODEL HAS BEEN PROPOSED BY MYSELF IN MARCH 2009 ITSELF TO ALL AMCS along with variable exit load.

Thanks for introducing all trail, a bold yet debatable concept.. Shri Bindal sir is strongly representing MF Industry and play very pivotal role in AMFI COMMITTEE .. BUT it is shameful that he is unable to introduce common forms for all AMCs.. This Common forms concept has discussions for more than 2-3 years. BUT NO RESULT .. MAY BE.. Few Committee members are unable to agree OR THEY ARE NOT INTERESTED IN INVESTORS/ DISTRIBUTORS FRIENDLY WORK... Even today, they speak for common platform but all have to wait till few bosses agree.. IT is pity that AMFI/SEBI HAVE INTRODUCED DRASTIC STEPS AND RESULT IS tremendous OUTFLOW OF DISTRIBUTORS NOT COPING WITH CHANGES.. WHY few AMCs not agreeing to common forms be shown doors? Shri Bindal Sir may think and circulate his/amcs views.. THANKS...

The trail commision idea is good. I also hope that Franklin will try and include small time (and town) distributors like myself who are willing but Franklin is not willing to take them on board.

Undoubtedly the best model to pay commissions is the All Trail fees mode.This is the right step in the right direction. I congratulate Mr. Harshendu Bindal and Franklin Templeton.

Thanks a lot for accepting demand of good IFAs. Uniform rate for all years is more necessary than all trail model. AMC can pay 50% / 75%commission of first year by way of upfront & remaining 50%/25% by way of trail. In second year entire 100% by way of trail. Please do the necessary changes to favor small IFAs. Once again I thank you for implementation of uniform rate of commission.

This is the right step in the right direction. Sooner or later all AMC will follow this step.

Undoubtedly the best model to pay commissions is the All Trail fees model. Wonder why SEBI didnt have atleast this much of sense to make this model as a default one for all IFAs atleast. Always SEBI leaves room for wrong practices so that they can keep working on familiar issues for many years. One thing has become clear. Govt & SEBI are not interested in SIMPLICITY but prefer COMPLEXITY in working.

Combination of UP FRONT for beginners and ALL Trail for established IFAs is a good idea. Hope this will considerably reduce churning.

I truly endorse this decision if distributors really want sustainable & regular long term income from their business, this model should be adopted by all AMCs

i agree with Deepesh Mehta. For Taxshield, earlier brokerage should be restored since there is no question of clawback.

Hello Mr.Harshendu, I am very happy and glad to see that you have taken a bold move by giving a trial fees rather than a upfront-trial model.By this we can concentrate on AUM. But tell me one thing, why has FT introduced trial in Franklin India Taxshield scheme.Where is the question of clawback in a ELSS scheme.We as distributors are loosing when we sell Franklin India Taxshield scheme.Please look into that and bring the earlier model back in taxshield scheme.

very good for long term player

With the way fund houses are "claw backing" without giving any details(on when the purchase was made, how much commission was paid and basis of claw black etc.,), all trail model becomes all the more important. All trail model gives clarity on how much we are getting and it will be easy for us to reconcile our brokerage statements, hence we can find out easily the errors in brokerage payouts. I agree with Prabha Malhotra in this Regard.

I am happy with the move. Franklin Templeton has always been a Market Intiator and Leader. Market always copy & follow the trends set by FT. You need courage to take such bold steps., specially when there is competition to offer more and more UF brokerages. FT has never been in the rat race.From the core of my heart I congratulate Mr. Harshendu Bindal and his team for this move. Soon we will witness the transformation in the Industry with this decision.

Congratulations Franklin Templeton for having the courage to move ahead in a positive direction.All trail model certainly is a positive for the investors and hence for the industry as a whole. Hope this effort of moving to all trail model is sincere long term strategy and not an effort to squeeze the margins of IFAs further.

THE FULL TRAIL COMM HAS ITS DISTINCT ADVANTAGE OVER UPFRONT WITH TRAIL, AS THERE WILL BE NO CLAWBACK IN CASE OF NECESSARY REDEMPTION, EXCELLENT APPROACH FT SHO;UD IMPROVE UOPN ITS SERVICE WHICH IS ALMOST NOT THERE IN MY CITY