"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. "
232 IFAs out of 20,000 apparently very active IFAs is just 1.16%! If we take the total number of IFAs which is supposed to be around 100,000 then the % drops to 0.2%! Hardly a representative sample base. The sample size needs to be increased to around 600 to get a true picture.
Thanks for sharing relevant and important information. Although I feel there should be more number of IFAs/Distributors participation and from more cities/regions. Regards,
Hi, I am new ARN Holder and I have great need of Mutual Fund Industry feedback. Above text is great eye opener indeed. All category is highly informative really. ICICI MUTUAL FUND is a performer in all segments mostly but UTI is most trusted brand in this field. Please guide me in this context.
Yes, Very interesting survey. Can you pls provide me the following:- 1) What was the total number of IFAs who completed this survey? 2) How many IFAs were from the top 15 cities of the country? I understand that the number IFAs surveyed are around 200 out of 20,000 active IFAs in the industry which is hardly 1% of active IFAs.
very interesting.Most of the Asset Management Companies that are ranked are in top 10 in AUM. Very Good analysis.