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TRANSCRIPT
FIFA PERSPECTIVES OCTOBER 2016
Events Pan India for the Membership Drive:
All members are well aware that FIFA is growing by leaps and bounds. And all this is happening because of all FIFA members who have been putting effort in getting members across India.
FIFA has a group of 60 plus Champions who have been tirelessly working Day-In and Day-Out to get members across India.
Few efforts are mentioned below:
Coming to the main Pillar of FIFA, Mr. Sanjay Khatri has travelled across India and got members from across the country. A list of events he has done for FIFA on the topic of ‘How to grow your retail busi-ness’ is as below:
He has been travelling to-fro tirelessly with a motive
to make FIFA reach 2000 by March 2017.He started
his journey with FIFA on April 2016 So far he has visit-
ed Vadodara, Jabalpur, and Amravati on 24, 29and 30
April 2016 respectively. Earlier this year he visited Nag-
pur,Ahmedabad,Anand,Chandigarh,Jullundhur,Amritsa
r,Shimla.Pune,Aurangabad,Ahmednagar,Chennai,Pondi
cherry,Trichy,Madurai,Coimbatore,Salem,Vellore,Solap
ur,,Sangli,;Karad,Banglore,Ranchi,Jamshedpur,Dhanba
d,Kandivai (Mumbai), Vadodara, Ahmeda-
bad.Kolkata,Guwahati, Siliguri, Shillong, Banglo-
re,Mysore, Jalgaon,Amravati,Nagpur,Goa, Vishakha-
patnam,Vijaywada,Tirupathi
FIFA salutes his dedication. He is a self-motivated, self-driven and an inspiring person.
Like Mr. Sanjay Khatri, even Ms. Roopa Venkatkrishnan travels across cities for meeting.
Recently she travelled to Kerela, Banglore and Coimba-tore. A large number of IFA’s attended the event and many of them joined FIFA.
Meeting at Solapur on 30th Aug 2016
Meeting at Tirupathi, Andhra Pradesh on 27th Sept 2016
Meeting in Goa 24th Sept 2016
Similarly Mr. Ashish Modani travelled to Amrit-sar,Jalandhar,Ludhiana and Chandigarh
From the East Zone Mr. Divya Khemka, Mr Ram Babu Shah, Mr Harsh Agarwal and Mr Niraj Parekh travelled to silliguri. In Aug-Sept Mr. Shyam Singhania, Mr. Mrigesh Balwa travlled to Tinsukia, Dibrugarh and Dhuliajan . Mr. Divya Khemaka and Mr. Shyam Singhania travelled to Shil-long in Sept.
Mr Pallav Bagaria has been tirelessly giving his effort to get members from East Zone.
Mr. Abhenav Khatri and Mr Pallav Bagaria on oth-er hand have been conducting classes for CFP from Mid August to end September 2016.
FIFA East team has been helping FIFA members to clear the challenger module 5 of CFP. This exam helps IFAs to become CFP by clearing just one exam. The training was done by Mr Rahul Banerjee, a resource member of FPSB. Twenty four FIFA members attended the intensive 45 day training and so far six have cleared the exam and have become CFPs.
The others are slated to sit for the exam shortly.
A big salute to all of them for spending their precious time on FIFA to make it grow by leaps and bounds.
Happenings
Two of the largest economies of the world are witnessing unprecedented changes in their
social, political and economic fabric. United States of America has a new president who has
defied all logic, opinion poll estimates and even the popular vote to some extent to win one
of the fiercest election ever fought in the history. On one hand while this shows the white
male dominance over the fairer sex, on the other hand it marks a beginning of a new era of
protectionism and selective racism propagated by the politicians. We in India have also seen
something completely unthought-of. Government has decided to demonetize INR 500 and
1000 currency notes, with a provision of replacing the 500 rupee note with a newer version
and taking out the 1000 rupee note completely. A new 2000 rupee note is introduced amid
confusion, chaos and short term inconvenience for citizens of India. While corrupt politicians
shed crocodile tears in name of inconvenience caused to the masses, this move by the gov-
ernment can have meaningful positive impact on the Indian economy in the long run. Our
country has been plagued by the negatives of a parallel economy for decades since inde-
pendence. This exercise shall deliver a body blow to all those who have unaccounted money
on which no tax has been paid. This shall not only lead to a clean-up of our economic system
but shall also shall help reduce inflation making it easier for the government to cut the inter-
est rates. Inflation and interest shall continue their downward journey in foreseeable future
Fall in interest rates is positive for everyone as it brings down the cost of funds in an econo-
my. This is beneficial for debt ridden companies, companies looking to raise fresh funds,
banks and consumers who want to take loans. Lower interest rates shall fire the growth en-
gine of Indian economy through strong consumption and investments by corporates over a
period of time. The government is through with most of the tough economic measures in
the first 3 years of its regime, now it shall shift the focus on economic growth.
MoneyYogi
Editors Note:
Since FIFA now intends to publish contributions from its members in the newsletter , request all members
to send your contributions to :
If you have contributed to any media or newspapers and would like to share this experience, request you to
mail the link since we will be unable to publish all references in media.
Nisreen Mamaji
The mutual fund industry is looking at increasing its investor base to 9 crore from 2 crore at present in the next five years and hopes that demonetisation will boost flow of capital and get new investors on board. According to an industry estimate, of the 120 crore population, merely 2 crore are investing in mutual funds currently. The indus-try, comprising 40 fund houses, is looking to make it to 9 crore over 3-5 years. Around 20 fund houses in the country are steeped in losses. Of 2 crore people who have invested in MF products, 1.08 crore have put their money in systematic investment plans. "Our study says there are nine crore people living in the country with investment surplus and currently, merely 2 crore of them are investing in mutual fund products. We are looking to make it to 9 crore over 3-5 years," Association of Mutual Funds of India Chief Executive CVR Rajendran said. "It is estimated that there will be a cash flow to the tune of Rs 7 trillion to the banking system due to the ongoing demonetisation move and the mutual fund industry will definitely get a significant chunk of this flow in due course," he said. "While banks with huge deposits will be investing in fund houses of their own, the retail investors will also put their money in the equity funds in hope of getting better returns."
In yet another flip-flop, the finance
ministry on Friday said artisans, work-
ers and housewives earlier exempted
from questioning for depositing up to
Rs2.5 lakh in their bank accounts could
be prosecuted if they are found to have
helped in turning black money into
white.
Revenue secretary Hasmukh Adhia had
said earlier that tax authorities will not
question such categories of people for
depositing old currencies of Rs 500 and
Rs 1,000 below the taxable income level
of Rs 2.5 lakh.
FIFA WELCOMES ITS NEW MEMBER
M Type Membership Name of Organisation/ IFA Representative(s) NAME CITY
General O784 Vinay Rathi Vinay Omprakash Rathi Pune
General O785 Sandeep Jagdish Shukla Sandeep Jagdish Shukla Mumbai
General O786 Jayesh Rasiklal Parekh Jayesh Rasiklal Parekh Mumbai
General O787 Karunakar K Hegde Karunakar Krishnayya Hegde Mumbai
General O789 Falguni Mitesh Parikh Falguni Mitesh Parikh Mumbai
General O790 Nilesh M Rokadia Nilesh Manu Rokadia Pen
General O791 Mehul R Gosalia Mehul Ramesh Gosalia Mumbai
General O792 Rakesh Kumar Verma Rakesh Kumar Verma Ranchi
General O793 Imperial Finsol Ltd
Dhammadeep Shaligram
Gajbe Nagpur
General O794 Vallabh P Chheda Vallabh Pasu Chheda Mumbai
General O795 Sanjay D Thakker Sanjay Dharamshi Thakker Mumbai
General O796 Rajnish Joshi Rajnish Joshi Ludhiana
General O797 Mutual Fund Distributor
Nilesh Chandrakumar
Gangwal Kolhapur
General O798 Dutt Diwakar Sharma Dutt Diwakar Sharma Mumbai
General O799 Kulkarni Anjali Shridhar Anjali Shridhar Kulkarni Sangli
General O800 Nadim Sarfraz Husain Nadim Sarfraz Husain Nagpur
General O801 Financial Adcisor Archana Sanjay Gautam Nanded
General O802 Kaushik N Shah Kaushik Nagindas Shah Mumbai
General O803 Anand Sachdeva Anand Sachdeva Zirakhpur
General O804 Bachat Guru Tejinder Singh Mokha Chandigarh
General O805 Chart Beats Financial Services LLP Hitesh D Panchal Ahmedabad
General O806 A G Financial Services Shital Ashok Shah Ahmedabad
General O807 Manan Kiritbhai Mankad Manan Kiritbhai Mankad Ahmedabad
General O808 Atul Shah-Vipul Shah Utsav Vipulkumar Shah Ahmedabad
General O809 Janak Natverlal Parikh Janak Natverlal Parikh Ahmedabad
General O810 Sas Investments Sangita Amol Shimpi Mumbai
General O811 Akshaya Tiwari Akshaya Tiwari Ballia
General O812 Shah Financial Services Ronak Nalinkumar Shah Khambhat
General O813 Pract+ethica Consultancy Yogesh Motilal Jaiswal Jalgaon
General O814 Vishwas Vasantrao Moghe Vishwas Vasantrao Moghe NAgpur
General O815 Varun Danturthy Varun Ravikumar Danturthy Nagpur
General O816 Amit Anant Badhe Amit Anant Badhe Nagpur
General O817 Vinayak Balasaheb Bhosale Vinayak Balasaheb Bhosale Solapur
General O818 Kalpesh Shyamsunder Bhutada
Kalpesh Shyamsunder Bhu-
tada Solapur
General O819 Gopal Ramprasad Ladda Gopal Ramprasad Ladda Solapur
General O820 Financial Adcisor Vasant Shrikant Yelegaonkar Solapur
General O821 Harshal Mahendrakumar Vaid Harshal Mahendrakumar Vaid Solapur
General O822 Varun Manmohan Karwa Varun Manmohan Karwa Solapur
Life L129 Verity Finsolutions P L Dinesh Vashdev Khemlani Mumbai
General O823 Deshpande Investments
Rajesh Pandhrinath Desh-
pande Ahmednagar
General O824 Reliable Investments Sanjay Dattatraya Kulkarni Ahmednagar
General O825 Vinish Thakorbhai Sheth Vinish Thakorbhai Sheth Vadodara
General O826 Grow Rich Investment Plus Dahyabhai Gopaldas Patel Vadodara
General O827 Agarwal Insurance Services Deepak Chhaganlal Agrawal Khamgaon
General O828 Financial Advisor Jignesh Lalitbhai Kapadia Valsad
General O829 Tarun Capital & Investor Services Naresh Jain Palghar
General O830 Investor Point Shekar Bither Sirhind
General O831 Target Financial Solution Vinay Mahajan PAnchkula
General O832 Financial Wizard Arwinder Singh Sohal Chandigarh
General O833 Sunil Kumar Aggarwal Sunil Kumar Aggarwal Yamuna Nagar
General O834 Minocha Investmens Satish Kumar Minocha Yamuna Nagar
General O835 Bharat Bhushan Bharat Bhushan Yamuna Nagar
General O836 Sheetal Kumar Khemka Sheetal Kumar Khemka Guwahati
General O837 TCP Mutual Fund&Investments S Gopi Krishna New Delhi
General O838 Mlam Capital Services P L New Delhi
General O839 Dua Financial & Mngt Com P L
General O840 Sachdeva Investment & Tax Consultant Bablo Sachdeva Amritsar
General O841 Investworld Solutions P L Deepka Gupta Delhi
General O842 Mutual Fund Ashok Kumar Maurya Jaunpur
General O843 Krishna Kumar Pandya Krishna Kumar Pandya Varanasi
General O844 Vijay Kumar Gupta Vijay Kumar Gupta Varanasi
General O845 Venu Ranjan Agarwal Venu Ranjan Agarwal Varanasi
General O846 Mahesh Sawaika Mahesh Sawaika Varanasi
General O847 Amrit Sagar Bhatia Amrit Sagar Bhatia Jagadhri
General O848 Kameet Consultancy Kamini Amit Mehta Surat
General O849 Madhumita Devi Madhumita Devi Tinsukia
General O850 Rakesh Jain Rakesh Jain Nalbari
General O851 Mridu Malai Borah Mridu Malai Borah Guwahati
General O852 Shivkumal Financial Solutions Ravi Kumar Gupta Siliguri
General O853 Suvidhaa Aapki Hemant Kumar Agarwal Siliguri
General O854 Neeraj Chowdhury Neeraj Chowdhury Jalpaiguri
General O855 Biju Chakraborty Biju Chakraborty Siliguri
General O856 Rina Chowdhury Rina Chowdhury Jalpaiguri
General O857 I-3 Wealth Management Kaushik Manji Bhanushali mumbai
General O858 Vin Investments Nitin Jamnadas Popat mumbai
General O857 Murarka Investment Amit Radheshyam Murarka Akola
General O858 M/S Murarka Investment Sumit Radheshyam Murarka Akola
General O859 Hitesh Shah Hitesh Lalit Kumar Shah mumbai
General O860 Umesh Shaligram Bodkhe Umesh Shaligram Bodkhe Nagpur
Life L131 R.Patel Wealth P L Navin Kumar Patna
Life L132 Sudhir Kumar Jaiswal Sudhir Kumar Jaiswal Kanpur
Life L133 Khalid Ali Khalid Ali Moradabad
General O861 Swati Yogender Joshi Swati Yogender Joshi Thane
General O862 Money Management
Jyotiraja Dilavar Singh So-
dha Jamnagar
General O863 Bhavesh Jagdish Negandhi Bhavesh Jagdish Negandhi mumbai
General O864 Prakash Jitendra Mirani Mirani Financial Services Jamnagar
General O865 Kanani Ethic Investment Alpesh Karimbhai Kanani Jamnagar
General O866 Sanjay Trimbakrao Gunaghe Sanjay Trimbakrao Gunaghe Nagpur
General O867 A K Parthibarajan A K Parthibarajan Madurai
General O868
Rocket Capital Management &
Services P L Arshdeep Singh Chandigarh
General O869 Bharat Dodecha Bharat Meghji Dodecha mumbai
General O870 Ramesh Kumar G P Ramesh Kumar G P Bangalore
General O871 Srinivas Rao Srinivas Raghothama Rao mumbai
General O872 Sangeeta Milind Chitnis Sangeeta Milind Chitnis mumbai
General O873 Melwyn Simon Melwyn Simon Kolady Dombivli
General O874 Shree Finance Salil Anant Patki Raigad
General O875 Kamad Investment Services Arvind Narsidas Mehta Mangaon
General O876 Om Insurance Financial Services Haren Rasiklal Mehta Vadodara
General O877 Investment Kartik Iyer Vadodara
General O878 Ajey Amritlal Gosrani Ajey Amritlal Gosrani Mumbai
General O879 M/S Mihu Wealth Solutions Nagaraj M Havakkanavar Bangalore
General O880 Anushka Investment Kiran Vinayakrao Bharde Beed
General O881 The Art Of Saving Dhiren Govindji Khona mumbai
General O882 Abundance R Subramanya Bangalore
General O883 Finanzindia NAshik
General O884 K K Enterprises Pratik Kamalbhai Parekh Rajkot
General O885 Vapiwala & Co. Shoeb Gaffar Vapiwala Rajkot
General O886 Patco Investor Shoppe Hardik Ketanbhai Vekaria Rajkot
General O887 Invest N Gain Financial Services Sanjay Bipinchandra Thaker Rajkot
General O888 Vedanta Urvi Dinkarrai Desai Rajkot
General O889 Shree Shubh Consultancy Dipakkumar Jadavji Rasadia Rajkot
General O890 Sangam Investment Mukeshbhai Gigabhai Jetani Rajkot
General O891 Investment Plus Ravi Keshavlal Kalariya Rajkot
General O892 Hitesh Randhir Davda Hitesh Randhir Davda Rajkot
General O893 Ashok Natvarlal Kakkad Ashok Natvarlal Kakkad Rajkot
General O894 Dr.Wealth Dr. Manish Kumar Ranchi
General O895 Vivek Vilas Shah Vivek Vilas Shah Pune
General O896 Financial Advisor Sanjay Ratanlal Agrawal Wardha
General O897 Mutual Fund/Insurance Ravindra Murlidhar Solapur
General O898 Rajgopal Bankatlal Malpani Rajgopal Bankatlal Malpani Solapur
General O899 Mrudula Mithun Datar Mrudula Mithun Datar Solapur
General O900 C.Vengatesan C.Vengatesan Madurai
General O901 Geeta Terkar Geeta Vivek Terkar Aurangabad
General O902 Manju Baid Manju Baid Kolkata
General O903 Samruddhi Financial & Investment Paresh Ramesh Tapiawala Navi Mumbai
General O904 Dinkar N Desai Dinkar Nagarji Desai mumbai
General O905 Aakruti Wealth Management Ser- Kishore Haridas Solanki mumbai
General O906 Fernandes Investments Calvin John Fernandes mumbai
General O907 You First Bimal Maganlal Naik Surat
General O908 Sharan Investments Sunpreet Kaur Jalandhar
General O909 Seema Mehandi Ratta Seema Mehandi Ratta Jalandhar
General O910 Surbhi Investments Sachin Kumar Mirajkar Jalandhar
General O911 Surinder Kumar Surinder Kumar Jalandhar
General O912 Ashish Mittal Ashish Mittal Jalandhar
General O913 Rakesh Kumar Sharma Rakesh Kumar Sharma Jalandhar
General O914 Saffron Invest Mart Rajeev Mehta Jodhpur
General O915 Rashi Fin Services Vineet Bafna Jodhpur
General O916
Vandematram Investment & Con-
soltants Vikrant Kumar Agarwal Jodhpur
General O917 Golechha Investments Rakhi Sunil Golechha Jodhpur
General O918 Bhansali Capital Ramraj Bhansali Jodhpur
General O919 Sanjay Chhajer Sanjay Chhajer Jodhpur
General O920 Shailendra Laxmidas Ashar Shailendra Laxmidas Ashar mumbai
General O921 Forex International Bhavesh Parikh mumbai
General O922 Manohar C P C P Manohar Mysore
General O923 My Growth Investment Archana Uddhaorao Barabde Amravati
General O924 Value Line Investments Rishabh Vinod Chandak Amravati
General O925 Verma Insurance & Investment Kamalkishor Madanlal Verma Akola
General O926 Financial Advisor Rajesh Ramgopal Chitlange Akola
General O927
Boob Investments & Insurance
Services Sandeep Bhikamchand Boob Akola
General O928 Pradeep Harilal Bathija Pradeep Harilal Bathija Salen
General O929 Sri Sadhna Stocks And Investments Mahendra Chand Singhvi Salen
General O930 Gaurav Guruprasad Thakkar Gaurav Guruprasad Thakkar Vadodara
General O931 Atul Ramesh Desale Atul Ramesh Desale Jalgaon
General O932 Santosh Suresh Bumb Santosh Suresh Bumb Jalgaon
General O933 Navkaar Investments Saurabh Sanjay Jain Jalgaon
General O934 Nurture Investment Prashant Dashrathbhai Mehta Nagpur
General O935 Jyoti Investments Jyoti Amil Pawar Kolhapur
General O936 Manish Sajnani Manish Sajnani Indore
General O937 Sahyog Financial Shishir Saxena Indore
General O938 Maitri Financial Services Love Surjan Indore
General O939 Nandkishore Kanyalal Bajaj Nandkishore Kanyalal Bajaj mumbai
General O940 Amol Avinash Joshi Amol Avinash Joshi mumbai
General O941 Anagha Amol Joshi Anagha Amol Joshi mumbai
General O942 Vinayak Dattatraya Joshi Vinayak Dattatraya Joshi mumbai
General O943 Ushah Nandkishore Bajaj Ushah Nandkishore Bajaj mumbai
General O944 K P Mamatha Rao K P Mamatha Rao Bangalore
General O945 Vitthal Anant Prabhu Vitthal Anant Prabhu Bangalore
General O946 Pramod Arun Dighaokar Pramod Arun Dighaokar Vadodara
General O947 Nilkanth Vasantrao Patil Nilkanth Vasantrao Patil Jalgaon
General O948 Mahaveer Investments Gautam Nemichand Jain Chopda
General O949 Ravindra Bhaskar Chaudhari Ravindra Bhaskar Chaudhari Jalgaon
General O950 Fortitude Securities P L Rajesh Pachisia mumbai
General Vatsala Pachisia
General O951 Vijay Kumar Agarwal Vijay Kumar Agarwal Indore
General O952 Anand Kumar Bharadwaj Anand Kumar Bharadwaj Indore
General O953
Money Management Financial
Services Gurdeep Singh Bhatia Indore
General O954 Navneet Dhawan Navneet Dhawan Indore
General O955 N J Investments Mukund Hanumantrao Joshi Akola
General O956 Rajinder Pal Rajinder Pal Jalandhar
General O957 Rajesh Kumar Katyal Rajesh Kumar Katyal Daswa
General O958 Gaurav Mahajan Gaurav Mahajan Jalandhar
General O959 Rakesh Sharma Rakesh Sharma Jalandhar
General O960 Khatwani Investment Services Lalit Khatwani Indore
General O961 Khatwani Investment Services Ravindra Khatwani Indore
General O962 Khatwani Investment Services Arun Khatwani Indore
General O963 Vipul Jain Vipul Jain Indore
General O964 Surendra Kumar Jain Surendra Kumar Jain Indore
General O965 Shital Jain Shital Jain Indore
General O966 Manish Gangwal Manish Gangwal Indore
General O967 Chetan Doshi Chetan Doshi Indore
General O968 Diwan Associates Som Nath Diwas Chandigarh
General O969 Manij Kumar Manij Kumar Chandigarh
General O970 Sunil Chadha Sunil Chadha Mohali
General O971 Sanjeev Kumar Sanjeev Kumar Chandigarh
General O972 Tej Bhagat Financial Consultants Kunal Sood Hoshiarpur
General O973 K S Investment Kuldeep Singh Hoshiarpur
General O974 Hemant Kumar Hemant Kumar Jalandhar
General O975 Kewal Vipul Sarvaiya Kewal Vipul Sarvaiya Navi Mumbai
General O976 Vipul B Sarvaiya Vipul Bhagwandas Sarvaiya Navi Mumbai
General O977 Anil Parmar Anil Ranchhoddas Parmar Panvel
General O978 Devika Ajay Bakshi Devika Ayay Bakshi Mohali