Now in mutual funds SEBI wants to ban comissions.....ooops seems they dont know, its banned already.....2.25 upfront is banned by abolishing entry load. 2 lac cr in equity mf, rest are debt and liquid. Trust me.....days will come like you wont find good advisors at all(like we dont have tigers) because we do not have incentives to to business/advisory/selling/marketing...10 lac plus lic agents(they get full good chunk of comission) and 90 thousand mf advisors(not even 30% are active) trust me mf is the best way to reach your financial goal, i request amcs to create advisors. No business can run without revenues......think about a month, when you give your fullest effort and company dont pay you?
Posted on: Mon, 13 Oct 2014 03:53:25 +0000
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