Mutual fund advisors fear loss of business due to a host of factors such as a volatile stock markets, introduction of direct plans in some online mutual fund platforms, the recent default scare in the debt market, among others.
“Several factors playing in the market, including the ongoing stress in equity and debt market, the NBFC issue that started with IL&FS unable to repay its debt, the recent hype about buying direct plans through newly launched online portals are going to impa ..