Comments on: Mutual Funds – Impact of abolished entry load

By: Financial Planning

Financial Planning — Mon, 09 Aug 2010 11:22:38 +0000

I think the issue is transparency. The fact that even investors who were investing in MFs with the aid of distributors were being charged an amount that was discounted from the original amount invested by the individual investor, despite the fact that the amount being invested in the stock market was shown as the original amount is unfair. Even if you make a healthy return, the investor has received that return on approx. 97-98% of the amount he had origiannly invested.

By: ashishdandekar

ashishdandekar — Thu, 29 Oct 2009 14:16:47 +0000

what shold a small and medium level ,advisors do ? where were these people when m/fs are not Known to common man and we have Spent lots of hours and energy and precious life time to this industry. to grow At this stage of life , is government is feeling that we should be on rad with our family?Every time when the product reach to public the stategy of government changes and the advisors/agents were suffered.Neither havig fix payments,pensions,accidant benifits while handling investments,mediclaim facilty by amcs nor having stability of future with current working advisory profile the agents and advisors have done afantastic job of expansion. Using the no commission policy the only suffer people are advisors .Neither government officers nor mutual fund amc staff. Is our money comes in eye of these people? have government think of any policies regardig all agents? Is'nt it is a use and throw piolicy?

By: guest

guest — Thu, 06 Aug 2009 20:30:02 +0000

Let the action has just begun.India post has been collapsed to day.This is just dawn.

By: Sunil Kumar

Sunil Kumar — Tue, 21 Jul 2009 10:37:07 +0000

hi I am sunil Kumar, Investment Adviser under going CFP Course and actively advising Financial Products since last 5 years.
The question you asked are good, relevant and not answerable by any one, even if some one dare to answer them it doesn't make any impact.
The very fact that India Governance and Administration System has failed and miserably managed most of the Schemes it has implemented or tried to do so.
Be it the slogan of Jai Jawan Jai Kisan, Garibi Hato you name it the more schemes the more scandals and in last so many years not a single fundamental problem is solved yet.
We have been successful in creating newer problems, thanks GOD investments and that too MF investment is not a fundamental requirement of people or at least we are not adversely affected by the absence/presence of it.
Thankfully we are still too much engrossed in solving Fundamental rights of Earning wage, Education, Social equality, Casteism etc. that MF investments is spared to not improve and educate those who are not aware of it, hopefully they are not ready for it.
In India most of the population is still struggling to provide for the basic necessity of Roti, Kapada aur Makan. We will take another 50 odd years for it then we will fight for Education, Job and Equality for next 50 yrs or so then may be we may have the need to know about saving for future or investing in Mutual Fund as you have mentioned.
Those who are able to earn and save enough to enjoy this freedom to look at various investments options are lucky and will be provided with best of investment advisory. Kindly contact me at letsgrowrich at gmail dot com.
Jai HO

By: guest

guest — Sun, 19 Jul 2009 06:53:16 +0000

I have few questions to you:-
1) "What is Mutual Fund" how many public knows in our country in terms of population?
2)What will Tier-3,4 town,villagers will do? Will they contact with CFP(what is that? from their angel) or CFP will go to villages just like a doctor?
3) For those who have ordinary savings account system account How could they issue brokerage cheques to their agent ?
4)What will be happen if agents are not disclose to investor what commission he is getting from other AMC?
5) Those who don't know about "Mutual Fund" who will educate them? (Though Rs800 crores lies in Govt investor education & protection fund) Why Govt is deaf & dumb regarding this matter?
6)80% money in Mutual Fund is from 10 metro Cities & 20% from rest of INDIA.In what interest an agent will chase behind remaining 80% financially illiterate public if he/she is not remunerate?(Definitely that public will never know the flavor of Mutual Fund)who will go to them?
7)Are you sure that entry loads is going towards agents commission?Have you carefully checked the balance sheets of any equity Mutual Fund Scheme compared with debt Mutual Fund schemes?( I found huge anomaly there)
And lastly:-
8)Why we could not buy/sale shares directly from stock exchange web site? Why a broker needed?Each and every time broker is cutting our pockets with a hefty brokerage and in a long run it is more than 2.25% entry load of a equity Mutual Fund scheme.Do they have powerful lobby & giving bribes to SEBI for shut up mouth regarding this matter?

By: shwetamisra

shwetamisra — Thu, 09 Jul 2009 19:45:56 +0000

Thanks Sanjay!

We will definitely continue to post articles that will help our readers manage their personal money better.

By: Sanjay Talukdar

Sanjay Talukdar — Thu, 09 Jul 2009 06:22:39 +0000

Hi Shweta
This is sanjay Talukdar from Mumbai.

I read your blog, this is very impressive.Please keep adding new content , I have joined the lnked in network also

By: Manish Misra

Manish Misra — Mon, 22 Jun 2009 21:33:14 +0000

True, but is it the right way to invest in Mutual Funds?

By: Mutual Fund

Mutual Fund — Mon, 22 Jun 2009 19:59:10 +0000

One of the most common ways of selecting a mutual fund is to invest with the crowd in today's hot funds. Mutual Fund