1. Why do mutual fund distributors pay Rs.2500 to Amfi for a period of 3 years? What does Amfi do for them? Is it not a body representing the big mutual funds? Assuming that there are 100,000 active distributors (conservative because this includes bank employees too) we are talking of an amount of 2500 * […]
Now that the mutual fund industry is doing badly, we all need to do something to keep it alive. Why should it be kept alive? do not ask such stupid questions. We should keep it alive, so it should be kept alive. Here are a few suggestions: 1. Every stock broker should be forced to […]
Subra we may be a great marketing and distribution company, but we are no patch on the steel, cement and finance companies. This was said by one of the World’s great FMCG company….this is so true. Let us see how the real estate market works AGAINST the renter and FOR the owner: 1. ‘You cannot […]
When a rich person (when I say rich I mean a person with a level of net worth – not a level of spending) spends frugally – is he being miserly or being sensible? Frankly I do not know and do not really worry about what other people think – but to me many of […]
The biggest risk in the financial services business today is the Regulatory risk. The more the regulators think that they can prevent frauds and cheating the more they will move into the controls of a business. Sebi has been making a lot of changes in the mutual fund business – there is a good chance […]
When I ran the Standard Chartered Mumbai Marathon (scmm) in the year 2011, I was an amateur walker and used to run only the Scmm – and had done little by way of practice. I did the 21.09 km race in 2:50 – which was about 5 minutes MORE than my target time of 2.45. […]
for those of you tracking my running at Stanchart Mumbai Marathon – Scmm – I did a time of 2:29:28…..for my HM this is of course the nth time I am doing it..and presumably my best timing….remember 5 years ago there were no chips to use….