Karnataka Association of Mutual Fund Advisors (KAMFA) will organize its 3rd annual conference in Bengaluru on 21st September. The theme for the conference is ‘Navigating investments through market turbulence and ever changing regulatory landscape’.
KV Kannan, President KAMFA told Cafemutual that the objective of conference is to encourage IFAs to deal with the challenging market and regulatory constraints. “We will focus on giving solutions to IFAs rather than discussing problems,” said Kannan.
Expressing his concern on the prevailing market conditions, R Lakshman, Chairman Convention Committee KAMFA said, “Volatile equity markets have resulted in retail investors exiting equity funds. This has adversely affected IFAs especially those having small assets under advisory. The conference will help advisors in dealing with such a difficult situation with the help of panel of experts.”
Lakshman said, “KAMFA is the voice of IFA fraternity. Our group is the voice of IFA fraternity in Karnataka. KAMFA is striving to present the IFA view and perspective so that IFAs contribute to the industry/regulatory decision making process.”
Lakshman expects the convention to be attended by more than 450 delegates.
KAMFA focuses on educating and imparting
trainings to the IFA community. Kannan says that the association conducts
learning classes thrice a month so as to empower IFAs by knowledge. “At
present, KAMFA has four learning centers across the state. The association has
also organized donation camps, plantation drives and cultural activities. In future, KAMFA will focus on investor
education”, added Kannan.