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Comments Posted
Name : RajuCity : Mumbai
ARN NO : IFADate : 19 Oct 2016
Comments :
2/2 I was talking to a Mutual Fund Official who actually mentioned this to me and that is when I realised that as IFA I should not be falling for such gimmicks and ultimately hurting my investor. T+1 redemption is absolutely fine that I can manage the investors cash flow by myself being disciplined rather than getting to such cheap gimmicks. I profusely thank that AMC official for the same to open my eyes on this. Having said this, I am sure all AMCs will desparately start creating such gimmicks. This is similar to the T+0 redemption that used to exist, which was subsequently banned. The Operations guys will really go crazy with all these complications. God save this industry. Seriously thinking of surrendering my ARN.
Name : RajuCity : Mumbai
ARN NO : IFADate : 19 Oct 2016
Comments :
Looks like AMCs one by one has started gathering assets by making "service" as a differentiator. And this is dangerous. Distributors will end up misselling the products because there is convenient service rather than the product being suitable for the investor and the product being better performer. Now on, looks like investment in liquid by a distributor will happen to only Reliance and DSP, even if their funds returns are much lower than other AMCs. Distributors and investors are being made a fool with this "Maggi" kind of services being offered. Hope people will not fall for it.
Name : Binoli DodhiwalaCity : Mumbai
ARN NO : The Money Managers Date : 19 Oct 2016
Comments :
Its an awesome initiative. Tried and it works perfectly. IfaXpress is an excellent platform and this feature makes it truly the best AMC platform available. Thank DSP BR once again for giving us this kind of technology .
Submit Your Comments
Name
ARN No/Co Name
Comments
Verification Code
* Email *
* City *
*
*
aq3nq5
Type the characters in the picture.
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.
 
Comments Posted
Name : RajuCity : Mumbai
ARN NO : IFADate : 19 Oct 2016
Comments :
2/2 I was talking to a Mutual Fund Official who actually mentioned this to me and that is when I realised that as IFA I should not be falling for such gimmicks and ultimately hurting my investor. T+1 redemption is absolutely fine that I can manage the investors cash flow by myself being disciplined rather than getting to such cheap gimmicks. I profusely thank that AMC official for the same to open my eyes on this. Having said this, I am sure all AMCs will desparately start creating such gimmicks. This is similar to the T+0 redemption that used to exist, which was subsequently banned. The Operations guys will really go crazy with all these complications. God save this industry. Seriously thinking of surrendering my ARN.
Name : RajuCity : Mumbai
ARN NO : IFADate : 19 Oct 2016
Comments :
Looks like AMCs one by one has started gathering assets by making "service" as a differentiator. And this is dangerous. Distributors will end up misselling the products because there is convenient service rather than the product being suitable for the investor and the product being better performer. Now on, looks like investment in liquid by a distributor will happen to only Reliance and DSP, even if their funds returns are much lower than other AMCs. Distributors and investors are being made a fool with this "Maggi" kind of services being offered. Hope people will not fall for it.
Name : Binoli DodhiwalaCity : Mumbai
ARN NO : The Money Managers Date : 19 Oct 2016
Comments :
Its an awesome initiative. Tried and it works perfectly. IfaXpress is an excellent platform and this feature makes it truly the best AMC platform available. Thank DSP BR once again for giving us this kind of technology .