Mutual funds industry: Need more feet on Street
The market sentiments have improved. In a long-term perspective, there is no doubt about growth of Indian economy.
At such a scenario, we believe that such an initiative will augur well for the development of the industry. The penetration that we all are looking for can only be achieved by more “Feet on Street”.
With the introduction of the new cadre and the announcement of free registration will only support in achieving this objective of more feet on street to sell mutual fund products.
— Author is Dy Chief Executive, Association of Mutual Funds in India
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