One hears that there are upwards of 3 million IFAs selling some financial product or the other. My take on this is – not more than 10,000 are in it by choice. Most of them would happily take up a job in the financial services sector. Some of them will not get a job because […]

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The mutual fund industry has seen a big fall in the assets under management – you can google for the numbers. These have been caused by a combination of reasons – advance tax payments, new debt instrument valuation norms, equity redemptions….the industry itself is shrinking perhaps? What really beats me is the legitimate earnings in […]

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