Direct | Next Level Education
post-template-default,single,single-post,postid-19508,single-format-standard,bridge-core-1.0.6,ajax_fade,page_not_loaded,,no_animation_on_touch,qode-theme-ver-18.2,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-6.0.5,vc_responsive



The above slides are taken from Mr Debashish Mohanty’s (President and Country Head , Retail Business at UTI AMC) presentation at the Mutual Fund Distributors Summit 2017.

Please note that direct AUM is 38%. Seems scary. But on deeper scrutiny you will see that this 38% AUM is coming from 6% folios. Hence one need not be overtly worried about “Direct” taking over. People need advice. People need guidance. As an advisor, we must be problem solvers and not a product peddler. The business is evolving and the market size is growing. Different businesses will co-exist. Direct business largely comprises of RIA, PMS, Family Office, Distributor mobilised direct business, FOF, IFA’s own business. MF/Bank employees.




No Comments

Post A Comment