Dear viewer: If you are a distributor, as mentioned in the video, there is really no point in getting worked up or offended by what I have to say, I am a small fry, there are bigger forces at play which will reduce the regular AUM pie. If you want to have your say, go ahead but recognise that it will only make the video more visible and me more determined. Dear viewer: If you are a regular plan investor and “don’t mind” the the loss in commissions, I don’t care! My point here is about making an informed choice. More often than not, people say “I don’t mind” without actually calculating the cost (because it takes some effort to do so). I have been a direct to AMC investor for almost 10Y now even before the advent of direct plans. So what people who think investing in direct plans is difficult should recognise that it has been easy to so for almost 10 years … 10 years!!!
Great info Pattu. Could you think of making a video on the commissions paid by insurance companies to agents and also find out from where they are paying it?
This calculation quite interesting and clers the picture. I wanted to know about holding mutual funds in dmat format is recommend or not and the reason behind it. Thanks in advance.
Perhaps in yr future videos, u can summarize the portals fr DIY investors, ,(self serving), however, this was excellent piece:: "EFFECT OF COMMISSION ON OVERALL CORPUS
Personally I think one should avoid all such direct portals (which are NOT just for DIY investors but also for those who get advice) and go direct with AMC
What about HDFC Balanced Advantage Fund's ( monthly Dividend ) agents Commission % deductions on a monthly basis on say a @ 10 lakhs corpus ? What's your frank take on this expense ratio rough figure that the company pays to him on roughly a monthly/ yearly basis, after deducting their ER. As company doesn't divulge exact figures even after requesting so would u help in assessing the hit & then could go direct ! Kindly advise 🙏 By the way, excellent precise presentation as always👍
Hi sir,SEBI recently revised TER .It is said that in the market that small AUM distributors largely impacted by the SEBI'S decision. I'm requesting you to make a vedio on earnings of a distributor of small AUM in present scenario.Or in another way I started investing 10k via SIP in regular PLAN recently but my friend said after SEBI'S decision investors are not loosing so much as previously was.
Some distributor's/adviser's opens 2 folio with the same fund to try to maximize commission and cheat their customers. My dads adviser invested my dads money over 17 funds and 3 funds were same (duplication) but were in different folio number. How is this type of practice going under SEBI ??? how is the distributor's ARN number not being banned? Some person who is close to retirement who has not much idea about mutual funds completely trusts his agent and his agent does this types of things trying take advantage. Completely absurd.
What is your honest advice to friends in the MF distributor community? Do you suggest that it might be better for us to turn into fee-based financial planners or RIAs?
If you become (individual) RIAs, you cannot legally earn commissions. There are of course groups that teach such advisors how to bend the rules. Fee-only advisory is the way to go from mf distribution but it is not for everyone.
I have one doubt sir I am invested in regular plan from broker but my investment is lumsum sir how it will also affected sir. Sip definitely affected because commission I know sir
Thanks for this eye opening video sir. I just joined MF investment through BBK in regular plan from last month. Already standing instruction was given through NSENMF. pls advise how to stop this
@@vijaymarine8088 First I went to CAMS, karvy offices in my town and submitted application to stop regular SIP. Then I submitted an application to open direct SIP in the same funds through CAMS, karvy office. You can also do this online by visiting MF website.
It is easy to directly go to the AMC website and open a folio/account there .you have to do one time full- KYC though if your investment is higher than 50k. This KYC record is centralized and can be fetched by any AMC where you wish to open an account.
Sir, your plumbline prefers ICICI BALANCE ADVANTAGE but avoids ICICI MULTI ASSET FUND, which you have pointed to in one of your videos. Will you through some lights, please.?
I personally use multi-asset. It is a good fund and can be used for lower voaltility. Bal Adv is a bit more dynamic in changing equity and can also be used :)
Why the direct plans NAVs are higher compare to regular plans ? Does this affect the return s ? Is that right we ll get lesser number of units when we invest in direct plans. Please clarify pattu sir
Sir than how direct mutual fund platform like paytm money works. What they do for profit. I just want to know how the e wallet apps earn money. அவ்ளோ நல்லவங்க லா ஈந்த paytm.
They simply hope that you will use their other products.. like their wallet, POS service etc.. Similarly, paizabazaar.. They offer direct mutual funds.. They hope u will use their other products.. like applying for insurance through their portal..
Dear viewer: If you are a distributor, as mentioned in the video, there is really no point in getting worked up or offended by what I have to say, I am a small fry, there are bigger forces at play which will reduce the regular AUM pie. If you want to have your say, go ahead but recognise that it will only make the video more visible and me more determined.
Dear viewer: If you are a regular plan investor and “don’t mind” the the loss in commissions, I don’t care! My point here is about making an informed choice. More often than not, people say “I don’t mind” without actually calculating the cost (because it takes some effort to do so).
I have been a direct to AMC investor for almost 10Y now even before the advent of direct plans. So what people who think investing in direct plans is difficult should recognise that it has been easy to so for almost 10 years … 10 years!!!
Ur wisdom is always welcome sir. Please continue to educate
ur right Mr pattabiraman,
Most authentic information on your channel! Keep up the good work! Thanks
Hi Pattu sir, I have never had regular funds but I enjoyed this video. Also, congratulations on a new clean website layout! Is very neat.
Absolutely, agree with you! 👌🏻
The last avatar was so cool!
👌Nicely explained sir.👍
Great info Pattu. Could you think of making a video on the commissions paid by insurance companies to agents and also find out from where they are paying it?
Valuable information.
Eye opening video sir
This calculation quite interesting and clers the picture. I wanted to know about holding mutual funds in dmat format is recommend or not and the reason behind it. Thanks in advance.
Thanks for the video, after watching video yesterday, today changed my old mf from regular to direct. Thanks for creating awareness
Pattu. Tussi great ho.
Perhaps in yr future videos, u can summarize the portals fr DIY investors, ,(self serving), however, this was excellent piece:: "EFFECT OF COMMISSION ON OVERALL CORPUS
Personally I think one should avoid all such direct portals (which are NOT just for DIY investors but also for those who get advice) and go direct with AMC
Hahaha Sir... Good you made this video for better awareness. It's time to wake up..
The fund size of direct plan is usually smaller than the regular plan. Is that something we should be concerned about?
If we switch from Regular to direct, will my agent get notified about this? The reason I am asking is that the agent is one of my neighbor.
Yes he will know...
😂😂
What about HDFC Balanced Advantage Fund's ( monthly Dividend ) agents Commission % deductions on a monthly basis on say a @ 10 lakhs corpus ? What's your frank take on this expense ratio rough figure that the company pays to him on roughly a monthly/ yearly basis, after deducting their ER. As company doesn't divulge exact figures even after requesting so would u help in assessing the hit & then could go direct ! Kindly advise 🙏 By the way, excellent precise presentation as always👍
SIR, ONE SUGGESTION IS YOU MAKE THE AGENT'S COMMISSION HALF PERFECT INSTEAD OF THE PRESENT ONE PERCENT.
One can easily get consolidated portfolio anytime from CAMS & CARVY portal by simply enter their registered email id...
*karvy
Hi sir,SEBI recently revised TER .It is said that in the market that small AUM distributors largely impacted by the SEBI'S decision. I'm requesting you to make a vedio on earnings of a distributor of small AUM in present scenario.Or in another way I started investing 10k via SIP in regular PLAN recently but my friend said after SEBI'S decision investors are not loosing so much as previously was.
Stop that and switch to direct. As for distributor earnings, I can make one but what is the use?!
👌👌👌👌 reality is hear.
Sir waiting for your next video on motilal oswal 35 fund review.
👍👍👍👍👍👍
I will, thanks
Some distributor's/adviser's opens 2 folio with the same fund to try to maximize commission and cheat their customers. My dads adviser invested my dads money over 17 funds and 3 funds were same (duplication) but were in different folio number. How is this type of practice going under SEBI ??? how is the distributor's ARN number not being banned? Some person who is close to retirement who has not much idea about mutual funds completely trusts his agent and his agent does this types of things trying take advantage. Completely absurd.
What is your honest advice to friends in the MF distributor community? Do you suggest that it might be better for us to turn into fee-based financial planners or RIAs?
If you become (individual) RIAs, you cannot legally earn commissions. There are of course groups that teach such advisors how to bend the rules. Fee-only advisory is the way to go from mf distribution but it is not for everyone.
Pattu sir, what is the best way? Switch over to direct plans or redeem and start a new direct plan?
Switch if the fund is performing. Redeem and buy another if not
@@pattufreefincal Thank you very much.
I have one doubt sir I am invested in regular plan from broker but my investment is lumsum sir how it will also affected sir. Sip definitely affected because commission I know sir
Even if it is lumpsum every day commissions will go to your broker lifelong.. until you switch this to direct
Thanks for this eye opening video sir. I just joined MF investment through BBK in regular plan from last month. Already standing instruction was given through NSENMF. pls advise how to stop this
You can ask your bank to stop it
@robin...I also started last month through advisor and NSE 2 PLATFORM..How can I stop
@@vijaymarine8088 First I went to CAMS, karvy offices in my town and submitted application to stop regular SIP. Then I submitted an application to open direct SIP in the same funds through CAMS, karvy office. You can also do this online by visiting MF website.
What are the best direct funds portals. Please reply
It is easy to directly go to the AMC website and open a folio/account there .you have to do one time full- KYC though if your investment is higher than 50k. This KYC record is centralized and can be fetched by any AMC where you wish to open an account.
Sir, your plumbline prefers ICICI BALANCE ADVANTAGE but avoids ICICI MULTI ASSET FUND, which you have pointed to in one of your videos. Will you through some lights, please.?
I personally use multi-asset. It is a good fund and can be used for lower voaltility. Bal Adv is a bit more dynamic in changing equity and can also be used :)
@@pattufreefincal thanks again Sir.
Why the direct plans NAVs are higher compare to regular plans ? Does this affect the return s ? Is that right we ll get lesser number of units when we invest in direct plans. Please clarify pattu sir
No it does not. Will make a video about this
Dear Pattu Sir! How To Invest In Direct Plans of Mutual Funds Online & Offline?
Since all my funds are in a regular mode. How to convert them into direct?
Thank you Mr.Gugan for replying.
Sir than how direct mutual fund platform like paytm money works. What they do for profit. I just want to know how the e wallet apps earn money. அவ்ளோ நல்லவங்க லா ஈந்த paytm.
gokul raj there is no free lunch in financial world.
@@CometFire2010 I know that. I am just curious about there business model
They simply hope that you will use their other products.. like their wallet, POS service etc.. Similarly, paizabazaar.. They offer direct mutual funds.. They hope u will use their other products.. like applying for insurance through their portal..
Some like Kuvera sell data analytics
@@pattufreefincal omg... Kuvera sells our information??