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  • Success Stories Kerala MFD to reward a budding MFD from his state focussing on SIPs

    Kerala MFD to reward a budding MFD from his state focussing on SIPs

    Veteran Kerala MFD George Samuel in association with Association of Independent Financial Advisors (AIFA) of Kerala will shortlist the most deserving MFD for the reward.
    Karishma Gagwani Aug 24, 2021

    Kerala MFD George Samuel along with Association of Independent Financial Advisors (AIFA) of Kerala has decided to institute an award for a budding distributor of Kerala who has entered MFD business in 2016 or later and who has registered maximum number of SIPs during the last financial year.

    George has been in the mutual fund industry for more than three decades. The veteran distributor, who had gone through challenging days during his initial days, empathises with the difficulties that new distributors face.

    With the quest of recognising and motivating new entrants in the mutual fund industry, George has conceptualized this reward program with the help of AIFA, Kerala. This award strives to celebrate accomplishments and to motivate new industry players to achieve greater heights.

    George will fund reward of Rs.10,000 from his mutual fund investment. He shared, “Through this award, I am hopeful of extending my support and encouragement to budding talent in the distribution business.”

    Eligible MFDs should get in touch with their association to submit their entries by August 31 2021, 5:00 pm.

    MFDs who have registered highest number of SIPs between April 1, 2020 and March 31, 2021 will win this reward.

    Here are eligibility criteria for MFDs from Kerala:

    • Registered with AIFA on or before March 31, 2020
    • ARN is taken on or after April 1, 2016
    • ARN should be in individual’s name or in the name of a sole proprietorship firm

    Philip Cherian, President, AIFA, said, “The association appreciates George’s initiative of motivating new talent and encourages eligible distributors to participate in large numbers.”  

    “The winner will be announced at AIFA’s upcoming annual event”, added Philip.

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    1 Comment
    Dinesh Singh Kushwaha · 2 years ago `
    "Association of Independent Financial Advisors".

    After SEBI's order, they must change its name. The term "Independent Financial Advisors" is now used by Insurance Agents only as SEBI has debarred Mutual Fund Distributors to use the term.
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