Do you think commissions in mutuals is justified for the service they provide ?

3 Comments

  • deepak - 14 years ago

    Sunil,

    I strong think that trailing commission should't be paid. Just picking 5 star rated MF from any website and asking the investor to buy it and at the end calling it as great service doesn't make sense at all.

    Deepak

  • srikanth - 14 years ago

    I think, in case of 'Direct' investment, the trail commision should be paid to investor rather than pocketed by AMC.

  • Sunil - 14 years ago

    No lunch is free My dear. Do you think the commission earned by the local kiranNawala is justified ? Do you think the fee charged by your doctor / lawyer / CA is justified ? Do you think the commission charged by Big bazaar, Fresh, More , Shoppers stop, is justified ? Do you think that Arrow shirt or some other branded shirt is justified in charging Rs 1500 for a shirt when a similar shirt is available at Rs 350 ? Do you think the fee charged by AB, SRK, Sachin to endorse a product & for which you are paying, is justified ?

    Do you think an actor, who is perhaps not eve a graduate, is justified in charging a Cr for a movie and have several residences, cars, Girlfriends, when you are higher qualified than him and fund him by buying a ticket for his movie ?

    Just because some MF agents like some Insurance agents, have fooled their clients, don't lynch the whole community

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