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Events Are you ready for the next big leap?

Are you ready for the next big leap?

Cafemutual Confluence 2018 is all set to help you to take ‘The Next Big Leap’.
Team Cafemutual Jul 17, 2018

The most awaited event of Indian mutual fund Industry is back with Cafemutual all set to conduct the seventh edition of its flagship event – Cafemutual Confluence 2018 on October 12 at Trident, Nariman Point. The theme for this year is The Next Big Leap.

Seven years ago, we started our journey talking about ‘Growth’. The following year we shared our insights on ‘How can you grow your MF pie’. In the subsequent years, we joined in our mission to ‘Push the Boundaries’ and be ‘Future Ready’. Together we dreamt of Today’s Vision: Tomorrow’s Reality and thought of ‘Planning Big, Thinking Bold’.

And, this year, we want to take the ‘Next Big Leap’ with you. 

Industry experts will share valuable insights on a variety of topics like ‘Artificial intelligence and other disruptors of tomorrow’, ‘Key trends in distribution’, ‘Market expansion through new product’s channels and initiatives’, ‘The next breakthrough in Investor Awareness’ and ‘The shift to alternatives’.

Setting the context for the event, Prem Khatri, Cafemutual CEO said that the industry has had a dream run over the last few years but the industry had a long way to go as mutual fund ownership was very low. He said, “In spite of the spectacular growth, mutual funds ownership is still in lower single digits among Indian households which clearly suggests that the industry can grow multi-fold from here. However, what is required for the ‘The Next Big Leap’? Will steady incremental changes do or do we need some big breakthrough ideas in product innovation, new channels & disruptive initiatives? Find out in the seventh edition of the Indian mutual fund industry’s best event where some of the finest minds will share their wisdom and perspective,” he adds.

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2 Comments
ashok ranjan vishwa · 8 months ago
will love to attend cafe mutual confluence 2018, i have attended cmc 2017,keep informed
Felix Zeman · 2 months ago
Please read my provider's BG/SBLC Sale Transaction Procedure below and see if it will suit your requirements.


                                                                               PROCEDURES:

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.

THIS TRANSACTION PROCEDURE IS NON NEGOTIABLE, DO NOT RESPOND IF NOT ACCEPTED.

Contact Me Via Email:- bfltd2011@gmail.com

I look forward to a mutually beneficial business relationship.

Sincerely,

Felix Zeman.
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