Tarakki - which means progress - is an outcome. Tarakki is never a flash in the pan - genuine tarakki comes when you create an environment where all aspects of your business are firing away together, thus enabling you to build a sustainable and scalable business model.
ICICI Prudential - which has demonstrated exactly these facets in its own business over the last few years, partnered with Wealth Forum to institute the annual Tarakki awards last year, where we recognize distributors who have grown their businesses over the years on a sustainable basis.
The second edition of the Tarakki Awards were presented in the awards nite at the 8th annual Wealth Forum Platinum Circle Advisors Conference 2017, on 7th July 2017 at Mumbai.
Parameters for these awards remain the same: weighted average score of business growth at an industry level over a 3 year period across all key business metrics that go into building a sustainable model:
- AuM growth (all categories ex liquid) over 3 years (Apr 14 - Mar 17)
- Customer growth (increase in live folios over these 3 years)
- SIP count growth (increase in live SIPs over these 3 years)
- SIP value growth (increase in SIP book over these 3 years)
Nimish Shah (MD - ICICI Prudential AMC) kicks off the awards event by announcing the winner of the first Tarakki Award for 2017, for IFA - North Metros region - from the top 3 growth champions (in alphabetical order) highlighted in the screen behind him
Tarakki Champion 2017 - IFA North Metros
A M Wealth Managers, Delhi (Surya Bhatia)
Tarakki Champion 2017 - IFA North Non- Metros
Ramesh Chand Maloo, Jaipur
Tarakki Champion 2017 - IFA East Metros
Fine Advice, Kolkata (Shibu Das)
Tarakki Champion 2017 - IFA East Non-Metros
Pradeep Kumar Jain, Ranchi
Tarakki Champion 2017 - IFA South Metros
Peak Alpha Investment Services, Bangalore (Priya and Shyam Sunder)
Tarakki Champion 2017 - IFA South Non-Metros
Catalyst Financial Planners, Mangalore (Atul Surana)
Tarakki Champion 2017 - IFA West Metros
Sapient Wealth Advisors, Pune (Janak Shah, Amit Bivalkar and Rahul Khandekar)
Tarakki Champion 2017 - IFA Mumbai
MFA Consulting, Mumbai
Tarakki Champion 2017 - IFA West Non-Metros
Think Financial Consultants, Nagpur
(Ranjit Dani, Amit Dani, Parag Paranjpe and Mandar Joshi)
Tarakki Champion 2017 - Regional Distributors
Chadha Investment, Delhi (Major Ashish Chadha)
Tarakki Champion 2017 - National Distributors
N J IndiaInvest
Tarakki Champion 2017 - Banks
HDFC Bank
Tarakki Champion 2017 - IFA All India
MFA Consulting, Mumbai
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