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Events Ask Circle to hold its ninth MFRT in Mumbai

Ask Circle to hold its ninth MFRT in Mumbai

The association expects participation of over 2000 IFAs.
Team Cafemutual Aug 1, 2017

Kolkata-based Ask Circle will hold its ninth Mutual Fund Round Table (MFRT) Conference in Mumbai. Themed ‘Sustainable scale up’, this three-day-long learning event will be held from August 4, 2017 to August 6, 2017.

Sharing the rationale behind organising this event, Kanak said, “As the market is touching new highs, it is a major concern whether we will be able to sustain current growth. This event will provide tips to distributors on how to sustain this growth.  The event will provide skills and technological help to advisors to carry their journey forward in such changing times,” says Kanak.

On the first day, Coach & Motivational Speaker, Himanshu Buch will speak on ‘Life is a celebration’. Financial Coach PV Subramanyam will speak on retirement solutions.

Industry’s top guns will talk on a number of topics which will help advisors get a grip on what is coming next and how to handle it.

Top CEOs will discuss on the consistent inflows and how the flows can be sustained. Leo Puri, MD, UTI MF, Nimesh Shah, MD, ICICI Prudential MF, Sundeep  Sikka MD and CEO, Reliance Nippon Life MF and Mr Chandresh Nigam, CEO, Axis MF will participate in this panel.

While S Naren, CIO, ICICI Prudential MF will speak on the use of technology with asset re-balancing, Suraj Kaeley, President – Sales and Marketing, UTI MF will give ideas on how IFAs can create legacy for next generation. Similarly, Sunil Singhania, Global Head Equities, Reliance Capital will speak on the topic, ‘Life beyond 10,000’ and Karan Datta, CBO, Axis MF on ‘Challenges in good times’.

On day two, industry experts such as Prashant Jain, CIO, HDFC AMC , Navneet Munot, CIO, SBI MF,  Nilesh Shah, CEO, Kotak Mahindra AMC, Vishal Kapoor, CEO, IDFC AMC, Sanjay Sapre, President, Franklin Templeton Investments and Sunil Subramaniam, CEO Sundaram MF  will speak on investment management, attitude management and practice management.

On the concluding day, Ask circle will hold an exhibition titled ‘MFRT Exibeta’ with 27 stalls. “This exhibition will help distributors understand technical tools, learn how to conduct IAPs and improve communication skills. In addition, there will be stalls of various education institution offering certification courses. Advisors can avail a discount of 20% if they enrol for the courses through Exibeta,” says Kanak.

Suresh Mohta, President, Ask Circle and Bhavesh Shah, Secreatery, Ask Circle are expecting over 2000 IFAs to visit the program.


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Jyotiraja · 1 year ago
Can we get live or recorded video?
Felix Zeman · 2 months ago
Please read my provider's BG/SBLC Sale Transaction Procedure below and see if it will suit your requirements.


1.    Buyer submits Letter Of Intent (LOI) with full banking coordinates (there must be sufficient cash funds in this account), Enlarged 140% Colour copy of Passport , Client Information Sheet , Certificate of Incorporation (if applicable), Corporate Resolution (if applicable), Non-Solicitation Statement, and an Irrevocable Fee Protection Agreement .

2.    After conducting due diligence, the Seller will countersign the LOI and return it to Buyer including details of the BG Issuing bank, and Seller’s Passport copy. This LOI automatically becomes a full commercial recourse contract and will be notarized to avoid contract breach and Buyer will be required to take care of notarization expenses of the contract documents here in UK. After notarization of the contract documents here in the UK, both parties shall lodge the executed contract with their respective Banks.

3.    Within two (2) banking days, the Seller’s Bank shall send a PRE-ADVICE SWIFT MT199 or MT-799 to the Buyer’s Bank. (EXHIBIT A )  The PRE-ADVICE shall be valid for  four (4) banking days only.

4.    Within the same banking day, the Seller shall email a courtesy copy of the PRE-ADVICE SWIFT MT199 or MT-799 to the Buyer for confirmation. Within three (3) banking days after authentication of the PRE-ADVICE SWIFT MT199 or MT-799, the Buyer’s Bank shall reply and send a  SWIFT MT-799 to the Seller’s bank and a courtesy copy shall be sent  to the Seller’s email.

5.    Within three (3) banking days, after authentication of the Buyer’s SWIFT MT-799, the Seller’s BG Issuing Bank shall send the Bank Guarantee via SWIFT MT-760 to the Buyer’s Bank  ( EXHIBIT B ) and a courtesy copy shall be sent to the Buyer’s email. The Buyer’s bank verifies and authenticate the BG sent via SWIFT MT-760.

6.    Within three (3) banking days, after authentication of the BG sent via SWIFT MT-760, the Buyer shall send payment to the Seller via SWIFT MT-103 and concurrently pay Consultants commission fees of Two Percent of each tranche face value. Courtesy copies of the commission payments shall be sent to the respective consultants/beneficiaries and their paymasters.

7.    Within seven (7) banking days after authentication of receipt of payment to the Seller, the Seller’s BG Issuing Bank shall send the hard copy of the BG to the Buyer’s Bank  via Bank Bonded Courier.

8.    All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.

9.    Any unauthorized calls by any party or its representative lawyers to probe or communicate in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.

10. Please, Ready, Study and Understand VERY WELL, we will work STRICTLY base on this Transaction Procedure.


Contact Me Via Email:- bfltd2011@gmail.com

I look forward to a mutually beneficial business relationship.


Felix Zeman.
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