Why Nobody is speaking about shopping for the crash?
Everybody is aware of what occurred on 4th June, nearly everybody was ready for this chance.
However when it arrived Mutual Fund ecosystem collapsed. Fortunately all my SIP received nav of 4th, however for a lot of nav of fifth was allotted though it was achieved earlier than 12-1 pm.
Who’s accountable @nithin @Bhuvan ? I do know every part boils right down to when the cash was recieved by the AMC, however once more whose fault is it?
What’s being achieved to keep away from it in future
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Nobody will take the accountability. All of the sturdy applied sciences like aadhaar and UPI goes into useless in conditions like this. All of the MF platforms have a margin of 1 hour within the reduce off time and nonetheless funds aren’t launched to the AMC. What’s the want of getting a world class banking system? Retail traders loss ought to be compensated.
individuals complained to sebi. thats all we will do. merely debating or arguing on on twitter and boards has no that means, simply timepass. is there something higher?
Simply hope for a greater future
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akashtripathi:
Who’s accountable @nithin @Bhuvan ? I do know every part boils right down to when the cash was recieved by the AMC, however once more whose fault is it?
After funds pooling was eliminated, SEBI turned us into simply an order-forwarding unit. Basically, the blame lies with the PG and the Financial institution. This might have occurred anyplace and anytime, because the PGs and Banks are behind each transaction. On the mentioned date, the banking programs have been being put to the take a look at.
Obligatory actions ought to be taken towards them as they fail to adjust to the rule. It doesn’t matter what the occasion was, guidelines stay the identical. Why do they take accountability if they don’t seem to be succesful sufficient to serve us? They need to compensate.
