Heads of five leading mutual funds participated in the Business Standard Fund Cafe on 'Life after the entry load ban'. The panelists were Sundeep Sikka, CEO, Reliance Capital Asset Management, Ashu Suyash, MD & Country Head, Fidelity Fund Management, Milind Barve, managing director, HDFC AMC, Sandesh Kirkire, CEO, Kotak Mahindra AMC, and A. Balasubramanian, CEO, Birla Sun Life AMC. The Round Table was moderated by T N NinanRead the full extract
Sandesh Kirkire Kotak MF CEO
Milind Barve HDFC MF CEO
Ashu Suyash Fidelity MF MD
Sundeep Sikka Reliance MF CEO
A Balasubramanian Birla Sun Life MF CEO
The ban on entry loads is a game changer because mutual funds are sold.
The distributors have played an unbelievable role in getting us to the numbers that we have.
The opportunity for the industry is very large, as penetration continues to remain between 4-5 per cent of household savings.
Distributors are the key link between manufacturers and investors and, their role has become even more important.
The new regulation has suddenly prompted all industry players together to think out of the box.
Heads of five leading mutual funds participated in the Business Standard Fund Cafe on 'Life after the entry load ban'. The panelists were Sundeep Sikka, CEO, Reliance Capital Asset Management, Ashu Suyash, MD & Country Head, Fidelity Fund Management, Milind Barve, managing director, HDFC AMC, Sandesh Kirkire, CEO, Kotak Mahindra AMC, and A. Balasubramanian, CEO, Birla Sun Life AMC. The Round Table was moderated by T N Ninan 
Read the full extract
