Please guide me
This query is : Resolved
17 December 2012
Dear sir and members,
I am recently qualified chartered accountant and have started my practice. I would like to ask question before you .
sir ,
I have a client who is Mutual Fund Agent currently, but now he wants to start his own business like wealth management company or wealth creator company by investing money in Mutual Fund market strictly.
But According to him, he wants to collect monies from people and wants to invest in various mutual funds in market by his wast experience in knowledge and after that he will give fixed amount of interest to them.
As due to his financial constraints , he cant go for NBFC, as it requires a capital of Rs. 200 Lacs .
so if there is any other way apart from NBFC, please suggest me.
sir i am seeking for your advice.
Thanks in advance.
I am recently qualified chartered accountant and have started my practice. I would like to ask question before you .
sir ,
I have a client who is Mutual Fund Agent currently, but now he wants to start his own business like wealth management company or wealth creator company by investing money in Mutual Fund market strictly.
But According to him, he wants to collect monies from people and wants to invest in various mutual funds in market by his wast experience in knowledge and after that he will give fixed amount of interest to them.
As due to his financial constraints , he cant go for NBFC, as it requires a capital of Rs. 200 Lacs .
so if there is any other way apart from NBFC, please suggest me.
sir i am seeking for your advice.
Thanks in advance.
03 January 2013
Hello sir , Please reply the above query..!
Thanks
Thanks
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