"We trust that you will avoid using harsh language and will refrain from making unsubstantiated allegations against individuals and firms. Your constructive feedback and opinions are very valuable to all of us in the industry. "
All top executives in charge of AMCs accounting work are requested to adopt common --(EASY TO READ / UNDERSTAND) format of SOA-- AMC shall print last 10-15 financial transactions -- AMCs &/or registrars shall provide all other statements only on Investors request-- Todays reality--VERY VERY FEW investors have records of their MF holdings--- They depend upon readymade softwares of IFAs which are never 100% accurate-- Many IFAs do face clients with bunch of papers -- Clients is not aware of his current investments-- Such confusions compell investors to redeem investments & they consolidate redemption amount in BULK at BANK / GOVT SCHEMES FOR 5- 10-15 YEARS