AMFI after having lost all it's powers (even to conduct exams) wants to show it's metal to poor Mutual Fund advisor's who are already under tremendous pressure.
Why they need such a huge fees and r they give proper explanation for this fees. MAy be they can use this fees to settle MR.Kurian and others retirement benefit.
I think AMFI and AMC came together and planned this for taking out all individual advisors or make fast bucks or is AMFI is going to vanish?????????????????????????????????? and SEBI will take over??????????????????????
WHY THIS MUCH OF GRUDGE FOR SEBI,AMC'S AND AMFI AGAINST THE POOR IFAS? ALL AMC'S PRAISE THE IFAS IN FRONT IN ALL MEETINGS &SAY THAT THEY ARE THE WELL WISHERS OF IFAS AND THEY SIMULTANEOUSLY STAB US AT THE BACK...WHY?????
SEBI is refusing to learn that IFA community is an inevitable part of the MF Industry. Needless to say that for the Bank and Institutional Brokers paying Rs. 5000/- will be peanuts. Besides it serves the purpose of killing competition to an extent.
But in the long run, the IFA Community will have the last laugh.
It is highly derogatory to learn that the SEBI Officials are totally sold to protecting the Bank and Institutional Brokers.
Death of mf distributors' death seems inevitable. I remember a scene from movie Deewar- where shashi kapoor as police inspector fires on a boy who stole a bread bun.though he was hesitant to take case of his brother amitabh who was a big smuggler.very touchy scene.worth seeing again and again....
As for as india is concerened from time immemorial the financial products are always sold by individual intermediaries and through them only the domestic saving rate was taken nearly to 28% which is second in the world. Now sebi and other institutions want to eliminate these intermediaries and the result is to be seen in the days to come. N.VENKATESWARAN.(ARN-0038)
please refuse to renew ur registration the sebi&amfi are becomming crazy if u are going to compromise like u did insettling for 0.5% upfront donot cry atleast now boycott amfi&sebi
i am repeatedly saying thro these column that AMC~s are the owners of AMFI& they are up to this &more but they will shed crockdiltears during meetings with the ultimate saying of we are helpless we will give .25%upfront &u bear the increase and serve us forpeanuts seetharamank arn49538
Kya karen kya na karen, ye kaisi mushkil hai.. koi to bata de iska hal o mere bhai.. Ek taraf hum sebi se daren, aur uspe amfi ko khoob sara paisa bharen....!!
AMFI after having lost all it's powers (even to conduct exams) wants to show it's metal to poor Mutual Fund advisor's who are already under tremendous pressure.
ReplyDeleteWe the ARN holders should vehemently protest the arbitary action of AMFI. We should not allow AMFI to become another SEBI.
ReplyDeleteWhy they need such a huge fees and r they give proper explanation for this fees. MAy be they can use this fees to settle MR.Kurian and others retirement benefit.
ReplyDeleteI think AMFI and AMC came together and planned this for taking out all individual advisors or make fast bucks or is AMFI is going to vanish?????????????????????????????????? and SEBI will take over??????????????????????
ReplyDeleteWHY THIS MUCH OF GRUDGE FOR SEBI,AMC'S AND AMFI AGAINST THE POOR IFAS? ALL AMC'S PRAISE THE IFAS IN FRONT IN ALL MEETINGS &SAY THAT THEY ARE THE WELL WISHERS OF IFAS AND THEY SIMULTANEOUSLY STAB US AT THE BACK...WHY?????
ReplyDeleteWhy the AMFI planned to close all the IFA'S in india the measures taking in each step by them shows how they close friends to us.
ReplyDeleteSEBI is refusing to learn that IFA community is an inevitable part of the MF Industry. Needless to say that for the Bank and Institutional Brokers paying Rs. 5000/- will be peanuts. Besides it serves the purpose of killing competition to an extent.
ReplyDeleteBut in the long run, the IFA Community will have the last laugh.
It is highly derogatory to learn that the SEBI Officials are totally sold to protecting the Bank and Institutional Brokers.
Will there be place in Paradise for such people?
SURI SEETA RAM
Death of mf distributors' death seems inevitable.
ReplyDeleteI remember a scene from movie Deewar- where shashi kapoor as police inspector fires on a boy who stole a bread bun.though he was hesitant to take case of his brother amitabh who was a big smuggler.very touchy scene.worth seeing again and again....
As for as india is concerened from time immemorial the financial products are always sold by individual intermediaries and through them only the domestic saving rate was taken nearly to 28% which is second in the world. Now sebi and other institutions want to eliminate these intermediaries and the result is to be seen in the days to come.
ReplyDeleteN.VENKATESWARAN.(ARN-0038)
please refuse to renew ur registration the sebi&amfi are becomming crazy if u are going to compromise like u did insettling for 0.5% upfront donot cry atleast now boycott amfi&sebi
ReplyDeleteIf we refuse to renew we may lose trail commission also.
ReplyDeleteN.VENKATESWARAN.
ARN 0038
i am repeatedly saying thro these column that AMC~s are the owners of AMFI& they are up to this &more but they will shed crockdiltears during meetings with the ultimate saying of we are helpless we will give .25%upfront &u bear the increase and serve us forpeanuts seetharamank arn49538
ReplyDeleteKya karen kya na karen, ye kaisi mushkil hai.. koi to bata de iska hal o mere bhai..
ReplyDeleteEk taraf hum sebi se daren, aur uspe amfi ko khoob sara paisa bharen....!!