I liked the 3 farmers who came on Satyameva Jayate and said “for my family I grow vegetables and fruits separately. For commercial farming I use pesticides. Products look good, but have a lot of pesticides.
Like the CxO of a life insurance company said: “I cannot be investing in Unit Linked Plans'” I will be continuing my SIPs.
Subra: but sir, we do have a low cost UL product
CXO: Yes yes I know, but I would prefer to continue my SIPs
Subra: fine sir, but I do not understand the logic. Here is a real low cost product….over 5-7 years it will be cheaper to be in a UL product vs a mf product.
CxO: agreed subra, but the ability to attract good fund managers, keep them happy, are all in big doubt. I will stick to my mutual funds, thanks
Subra: thank you sir, good bye. This is really good for me….:-) LOL
farmers were saying somewhat similar, right?
How about Sebi and Irda publishing how much premium/ sip each employee earning above Rs. 15 L (working in mf, bank or insurance) pay?
Will be good fun right?
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