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Dear Pesi Dastoor and Dear Vijay Venkatram Thanks for providing opportunity to comments. commission is concern for all of us but today i like to highlight on non payment funds to nominee for his deceased investment Reason shows by Franklin is that the person passed away C R AJMERI and death certificate is CHHITABHAI R. AJMERI All other Indian M F has processed transmission case ,except Franklin. Franklin says we follow our rules and not concern what other AMC follow. How different rules in ONE INDIA ? WHO PERMIT ? SEBI? GOVERMENT OF INDIA? PLS CONTECT ME FOR SUPPORTING DOCUMENTS FOR THIS MATTER
FEELING CHEATED AS ON OLD ASSETS RECEIVING COMMISSION AROUND .35 , CLUSTER HEADS , REGIONAL HEADS OF BIG AMCS ARE SAYING TO RECEIVE NEW TRAIL COMMISSION CHURN THAT MONEY. ON THIS NOTE IT IS ABSOLUTELY WRONG TO CHURN. AMCS MUST ALSO CHANGE OLD TRAIL TO NEW TRAIL AS THEY HAVE NOT STOPPED CHARGING EXPENSES ON OLD INVESTMENTS.
FRANKLIN ALSO DONE SAME THING IN OLD ASSET LIKE PE RATIO FUND THEY CUT 0.4 % ENTIRE CUT ON DISTRIBUTOR..AND NOW IN OLD ASSET WE GOT COMMIT ION OF 0.35 AND IN SAME FUND NEW BUSINESS I GOT MORE THAN DOUBLE OF THIS SO ITS CLEARLY SAY CHURN SAME COMMUNICATION FROM RM OF FRANKLIN ALSO..
