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Events 200 IFAs participate in ICAA’s maiden event

200 IFAs participate in ICAA’s maiden event

IFAs from Dhandbad, Dumka, Siliguri, Jalpaiguri, Contai, Durgapur, Asaansol, Burdwan and Patna and other parts of Bengal and Jharkhand participated in the daylong event.
Banali Banerjee Aug 30, 2016

The recently formed Independent Consultants & Advisor Association (ICAA) conducted its first event for advisers last week with the theme ‘Expanding the earnings for IFAs’. Over 200 IFAs from the eastern states of India participated in the daylong event

Talking about the association’s first event, Sanjeev Chakraborty, President, ICAA says, “We wanted to focus on the strengths of the advisory community instead of cribbing over constant regulatory changes. In the eastern part of India, many IFAs are unable to attend the events conducted in different parts of the country.  So we decided to hold an event that could benefit IFAs in our area.”

IFAs from Dhandbad, Dumka, Siliguri, Jalpaiguri, Contai, Durgapur, Asaansol, Burdwan, Patna and other parts of Bengal and Jharkhand participated in the event.

Many industry officials attended the event as guest speakers and shared tips with IFAs on how to grow their business.    

The most awaited session was on the impact of recent regulatory changes on MF industry and how IFAs can make the most of it. The panellists included Debashish Mohanty, Head-Retail, UTI AMC, Swarup Mohanty, CEO, Mirae Asset, V Ramesh, CEO, MF Utility, Aniruddha Choudhuri, AVP, ICICI Prudential AMC of Kolkata region and Manoj Sinha, Zonal Business Head, SBI MF.  

Balkrishna Kini, Dy. CEO of AMFI spoke on the role of AMFI and the initiatives undertaken by AMFI for IFAs. ICAA took this opportunity to make a few suggestions to AMFI. The association has requested AMFI to raise awareness about mutual funds in rural areas through advertising. They also suggested to AMFI to provide group insurance to ARN holders by charging an additional Rs. 1,000 while renewing ARN.

ICAA has been organising workshops on practice management to help B15 IFAs get better at their business. “With the constant regulatory changes, many young IFAs in our area are not keen to continue in this profession. To equip them to face the challenges, we have been organising training sessions on a number of topics including time management, client interaction, practice management, etc. in the last few months,” adds Sanjeev.

ICAA has been actively helping IFAs, especially in smaller towns, during difficult times. Speaking on the rationale behind forming this group, Sanjeev says, “Advisers in B-15 cities are completely neglected. Our group primarily caters to smaller IFAs and empowers them with professional knowledge and expertise to make them self-sufficient. ICAA aims to work proactively for the welfare and development of budding IFAs.”

11 Comments
ANUJ MITTAL · 5 months ago
GREAT WORK DONE BY TEAM ICAA,,,,,,THESE KIND OF INITIATIVES ARE A BOOST FOR OUR MF INDUSTRY...NICE WORK BY SANDIP JI AND GOUTAM KARMAKAR JI AND TEAM ICAA....
Dipanjan Dutya · 5 months ago
Thanks Anuj ji for your appriciation. This type of appriciation will definitely encourage us to do lot more in future for our IFA community ~ team ICAA
tamal Kanti Sil · 5 months ago
Thank you Anuj Ji for your valued comments. we also look forward for your support for the benefit of IFA community. team ICAA-kOLKATA
Goutam karmakar · 5 months ago
Thank you Anuj ji for your appreciation. Jointly we can do the event for the benefit of IFA's which you and me discuss over phone.
Thanks & Regards.
Goutam karmakar
Hony Sec. ICAA
Goutam karmakar · 5 months ago
Thank you Anuj ji for your appreciation. Jointly we can do the event for the benefit of IFA's which you and me discuss over phone.
Thanks & Regards.
Goutam karmakar
Hony Sec. ICAA
Aloke Vohra · 5 months ago
Goutam Da - Brilliant work. You are the torch bearer. Kudos
Jayant Prasad · 5 months ago
I would have participated the program,but unfortunately, I was not aware of such organization and its program and objects. Kindly communicate next time,so that I could also participate. I know Mr Sanjeev Chakravorty since long and always fascinated of his vision and ideas.I have strong conviction and faith if he has planned something for the betterment of IFA.s...
Dweepesh · 5 months ago
Great effort by team ICAA and Mr. Sandeep ,
Sibnath Chakraborty · 5 months ago
Details
sanjeev chakraborty · 5 months ago
Thanks Jayant ji , Anuj ji for your motivational words . we will keep doing good work together .
Reply
Mohit Kumar Singh · 5 months ago
ICAA(Of the IFA, By the IFA & For the IFA Association) Great initiative by Great People.
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