tag:blogger.com,1999:blog-19649274.post1331000191104423059..comments2024-03-27T17:16:12.789+05:30Comments on The Leap Blog: Combating fees and expenses in fund managementAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-19649274.post-71999850451733108542021-11-01T09:55:17.164+05:302021-11-01T09:55:17.164+05:30The industry of mutual funds is plagued by a numbe...The industry of mutual funds is plagued by a number of absurd issues. There is a conflict of interests in which the distributor gets funds from the maker and then giving advice to the investor.Maloo Investwise Pvt Ltd.https://www.blogger.com/profile/08803664428423195862noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-44157171952301067462009-01-21T22:41:00.000+05:302009-01-21T22:41:00.000+05:30Anonymous, what matters is the total cost to the c...Anonymous, what matters is the total cost to the customer. Going through Quantum (direct distribution) is cheaper for the customer than going through the mutual fund agent when you add up the charges of the agent and the charges of the fund.<BR/><BR/>Quantum has a problem: economies of scale. Their fund is small and they can't really cut prices yet. But they're already cheaper. The same is the case with Benchmark's ETFs. They are costly by world standards but an efficient choice by Indian standards when you see that you have avoided the mutual fund agent.Ajay Shahhttps://www.blogger.com/profile/03835842741008200034noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-3203755310363367312009-01-21T12:06:00.000+05:302009-01-21T12:06:00.000+05:30Amazing you are pushing a pusher like ajit dayal! ...Amazing you are pushing a pusher like ajit dayal! Yes he is not paying the distributor, CUSTOMER IS STILL PAYING the highest AMC charges allowed! What a joke. If the customer has to benefit, amc charges have to be low - not whether there is an entry load.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-45577383423175639332008-02-04T20:51:00.000+05:302008-02-04T20:51:00.000+05:30Ajay,I fully agree with your comment. Think about ...Ajay,<BR/>I fully agree with your comment. Think about a situation where the customer doesn't have a choice to change their agent in their insurance. It is something like when you are buying a car the manufacturer is forcing you to service your car in the life time of your vehicle with the same dealer. Irrespective of the service the dealer is giving you/no service. i believe this is the same sitauation in the indian insurance . The customer is forced to pay 5% or 3% from his pocket every month to an agent throughout the life time of the policy. I am a victim of this phenemenon. i believe IRDA is aware of this situation!!!!<BR/>Muthalaly<BR/>Bostonsanthosh muthalalyhttps://www.blogger.com/profile/12919983134533246776noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-14183172592742347392008-01-08T20:54:00.000+05:302008-01-08T20:54:00.000+05:30Ajay, A good post, however I dont think things wil...Ajay, <BR/>A good post, however I dont think things will change drastically. The MF industry gets currently hardly 3-5% of its business directly. They are not equiped to get business directly from walk-ins: issues rangefrom lack of physical distribution to shortage of staff ( in my experience many of these AMcs have 2-3 ppl (sales) + 4-5 (backend) ppl to handle an entire state for retail + institutional)Yogeshhttps://www.blogger.com/profile/03765493015971511898noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-32353483826220442672008-01-08T14:47:00.000+05:302008-01-08T14:47:00.000+05:30Mutual fund industry in India should have two kind...Mutual fund industry in India should have two kinds of fees: Management Fees (It should be very low) and Performance Fees for beating benchmark. I hope National Pension System also does care about the performance of a particular fund manager.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-18129775952312029542008-01-08T14:41:00.000+05:302008-01-08T14:41:00.000+05:30Financial Promotions: Advertisement by Financial F...Financial Promotions: Advertisement by Financial FirmsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-69644082467198830062008-01-08T14:19:00.000+05:302008-01-08T14:19:00.000+05:30I am not sure about SEBI regulations. But switchin...I am not sure about SEBI regulations. But switching and churning are banned by regulators in many countries. The less knowledgable or common people should be protected by effective regulations. Financial promotions should also be regulated and Sales, Trading and Research person should be authorised by SEBI.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-27745727454324649332008-01-08T08:47:00.000+05:302008-01-08T08:47:00.000+05:30Ajay,Excellent post. The unfortunate part is that ...Ajay,<BR/><BR/>Excellent post. The unfortunate part is that neither Benchmark nor Quantum seem to have made much headway despite their lower cost funds. Whether it's a function of marketing budget or investor mindset - I can't tell.Prof. J. P. Trivedi Memorial Trusthttps://www.blogger.com/profile/03516457424708063157noreply@blogger.com