The mutual fund industry is going through a lot of crisis. New money is not coming in, people from other industries are not too keen to join the industry, aum is falling. Of the new money that is coming, it is clear that the older and bigger funds are doing well, but the smaller ones […]
Seen some fantastic stories on the mutual fund industry. There is only one problem, you cannot drill down from the story…if you do that, you will quickly find ‘page not found’. See some typical terminology ‘There is rampant mis-selling in the mutual fund industry – and this should stop’. So out of sheer curiosity you […]
Long ago when I asked the mutual fund regulator’s office why there were no Mergers and Acquisitions happening in the mutual fund industry he said ‘because it is easy to get a new license’. Chuckle Chuckle. Now 3 companies Indiainfoline, Union Bank of India with KBC Asset Management and India Bulls have all got the […]
SEBI, IRDA, Ministry of Company Affairs are all very concerned about the small investor. Tch, Tch..aaiyo pavam (bechara in Tamil)..so they make all the right noises. Let us hear them: 1. Make motherhood statements: when a regulator or a journalist makes mother hood statement like – ‘Subra do you agree that the retail investor should […]
Amazing how Sebi even under Mr. Sinha is trying to increase costs for the Mutual fund industry’s investor… there is no doubt that the mutual fund industry is suffering from the after effects of Mr. Bhave and Don Quixote. However when Mr. Sinha came the industry was (perhaps) hoping for some relief. Well what has […]
Of course the BFSI space is booming and there are all types of stories about it. However the mutual fund industry, the life insurance industry and the brokerage industry are not as profitable as the pundits tell us. The profitability of the banking business is visible to all. Even the Psu banks make money – […]
I personally have little at stake in the mutual fund business, but surely the current mess is likely to stay much longer. 2 products which are similar in nature having a different kind of sales incentive is a big danger to one being crowded out. Of course other than the regulator everybody knows it. Khyati […]