Franklin Templeton MF to abolish exit load on switches to direct plans

now new twist:- Regular to Direct no Exit load, What about these combinations :- Regular equity to Regular Liquid Fund (Abolish exit load here also), likewise Direct to Regular (Abolish exit load here also). Actually Franklin should Abolish EXIT Load Totally. (We may use it as opportunity to help clients Offload from their schemes and on-board to others). I strongly feel other AMCs will start following the suit. Distributor left with no options but to BUYCOTT Franklin as their policies are such that they wont need distributors help anymore. and they just want to convert all existing clients to direct mode which have been created by HARD WORKING Distributors and now AMC sees them as culprit, Recent results of HDFC AMC and Reliance MF Company shows that A Cut in Distributor commission is directly going to Profits of AMC. AMCs are hiring more employees to cater Direct clients (Employee cost showing increase), Officers @ SEBI can you gurantee here that cost saved out of distrutor cut in commission actually going to Customer's kitty or AMC Kitty.