*I think you are missing the point. Reliance is NOT entering this market to disrupt anything. Even they know it. They are entering this market to diversify even further under Jio. Reliance is trying to enter into various businesses with a sole intent to diversify their portfolio which was heavily towards oil and gas a few years ago. Even with Jio, Reliance did not disrupt anything. Yes, they started selling cheap Internet, but that's not disruption. They are into online streaming and the production and distribution of content as well, but again, there is no disruption there. It's only diversification at this point. Once they have gained somewhat dominant position in some of these industries, they want the Indian customer to be in the ecosystem of Reliance products and services.*
Leveraged ETF are needed for Indices. Such Leveraged ETF, MFs are available in US markets. SEBI has not come with any ideas from last 20 - 25 years in Mutual Fund Industry
People views of disruptions could be from past experience of tweaking of some rules to favour Jio , which is not uncommon as seen from recent Adani share saga o Mobile policies not long ago.
Being Reliance, you can be sure they will eye a major contribution from the PF or NPS corpus. Sadly all the money gathered by Mutual Funds are only headed to stock market and fuel the stock market to crazy valuations.
The game is perhaps about sophisticated price manipulation via algorithmic trading and less about disruption. Could it also be that they are perhaps eyeing the PMS market share and not the Mutual fund market share ??
I hope they bring niftybee kind of product in banknifty, finnifty etc with good liquidity. Also, blackrock can bring Call Puts on ETFs just like in US by nudging the regulators. They can get permissions while denying the others on flimsy grounds. As you have correctly shown, they can not disrupt / win by fair means. But they can and mostly will do it by the usual technique of corruption and crony capitalism. Thanks for the video. Liked.
Demonstrating access meaning ability to participate in high growth business without putting sizable money on stake. Example pms requires 50 L minimum investment to begin with. If you get BlackRock's alladin at mutual fund level scheme like category without substantial fees (PMS charges huge 20%), it's called democratisation and affordable investment solution.
Timing is very important when a new company enters a new industry. Earlier big companies entered mutual fund industry at a time when awareness about mutual fund was low. Now we have mutual fund and stock market subjects in courses like BCOM and also influencers on youtube educating and influencing people to invest in stock market. With cheap internet provided by Jio, people in India are more aware about financial management and social status than they were a decade ago.
Basuji, 🙏. Corrigendum Retail disruptions in India by Reliance Retail with Canabalisation done are More ( Aditya Birla group ), Future Retail, METRO (Germany), among many others ji. 🙏.
Thanks for timely insight. Trust and hope you will be right. I find it funny when all anslysts keep saying because fii's are back the markets are rallying. Our mutual fund total aum is quite huge of 542 billion $ as of june end and 80% of folios is retailers. Why cant we get rid of this collonial mentality of praising anything foreign. The fii can disrupt by manipulating the market like adani saga. All that jio can do is this.
Now floodgate OF SALE OF mutual fund will happen, right till the last corner of villages in India. People will be promised moon and 20 to 30% CAGR and will burst in 2 -3 years.😂😂 We are in for interesting happenings
👌👍 excellent assessment and content. It's time we have US style anti trust laws. Else after a few decades... the entire country or atleast some parts or businesses will become Jio or Tata republics! We need to wake up!
That Akshat Srivastava is telling that Jio fin would be a multibagger after getting few “bags” and pushing gullible retail investors to buy into this stock until large players sell out.!!😂
Should we go back to the age when we had Mutual Funds for Kids, 😂😂😂. (It was year 2005-6) If we did our kids will get insured with theirs. 😂😂😂 20 years of life nothing changed, once born inside Poor family will end up poor.
Dear Mr.Basu, thank you and moneyLife for continuing to educate us. Your lesson, Caveat emptor is well taken. While I appreciate the points you raise about the Jio-BlackRock juggernaut, I came across Mr.Subramoney's diametrically opposite and eloquent views at ruclips.net/video/3dgHhKAzcrU/видео.html. My gut feeling is that Mr.Mukesh Ambani means business, when he takes such a massive step forward and his track record is good enough to sell to a captive audience.
![Chino Pacas - Smith (ft. Junior H & Fuerza Regida) [Video Visualizador Oficial]](http://i.ytimg.com/vi/BVK6k56X30Y/mqdefault.jpg)
*I think you are missing the point. Reliance is NOT entering this market to disrupt anything. Even they know it. They are entering this market to diversify even further under Jio. Reliance is trying to enter into various businesses with a sole intent to diversify their portfolio which was heavily towards oil and gas a few years ago. Even with Jio, Reliance did not disrupt anything. Yes, they started selling cheap Internet, but that's not disruption. They are into online streaming and the production and distribution of content as well, but again, there is no disruption there. It's only diversification at this point. Once they have gained somewhat dominant position in some of these industries, they want the Indian customer to be in the ecosystem of Reliance products and services.*
I used to enjoy reading your columns in Business Standard in 1994-95
Nothing is difficult to sell if you can make your customers greedy enough...
We will be observing a lot of YT videos from fin influencers on new fund recommendation in coming months 🙂
Leveraged ETF are needed for Indices. Such Leveraged ETF, MFs are available in US markets. SEBI has not come with any ideas from last 20 - 25 years in Mutual Fund Industry
People views of disruptions could be from past experience of tweaking of some rules to favour Jio , which is not uncommon as seen from recent Adani share saga o Mobile policies not long ago.
Being Reliance, you can be sure they will eye a major contribution from the PF or NPS corpus. Sadly all the money gathered by Mutual Funds are only headed to stock market and fuel the stock market to crazy valuations.
The game is perhaps about sophisticated price manipulation via algorithmic trading and less about disruption. Could it also be that they are perhaps eyeing the PMS market share and not the Mutual fund market share ??
I hope they bring niftybee kind of product in banknifty, finnifty etc with good liquidity. Also, blackrock can bring Call Puts on ETFs just like in US by nudging the regulators. They can get permissions while denying the others on flimsy grounds. As you have correctly shown, they can not disrupt / win by fair means. But they can and mostly will do it by the usual technique of corruption and crony capitalism. Thanks for the video. Liked.
Thank you for valuable information, Sir. Appreciate it
Demonstrating access meaning ability to participate in high growth business without putting sizable money on stake. Example pms requires 50 L minimum investment to begin with. If you get BlackRock's alladin at mutual fund level scheme like category without substantial fees (PMS charges huge 20%), it's called democratisation and affordable investment solution.
Excellent video & very practically stated sir
Timing is very important when a new company enters a new industry. Earlier big companies entered mutual fund industry at a time when awareness about mutual fund was low. Now we have mutual fund and stock market subjects in courses like BCOM and also influencers on youtube educating and influencing people to invest in stock market. With cheap internet provided by Jio, people in India are more aware about financial management and social status than they were a decade ago.
Helpful information. Looking forward for more on investments.
Many years ago during 1998 BLACKROCK had tied up with DSP in the MF industry..
Buzzing background sound is there. Audio can be improved
Basuji, 🙏. Corrigendum Retail disruptions in India by Reliance Retail with Canabalisation done are More ( Aditya Birla group ), Future Retail, METRO (Germany), among many others ji. 🙏.
Thank you very much 🙏
Actually mutual fund based hybrid REIT has the potential to be a disruptor.
Real estate is in doldrums after Covid. The future of REIT is bleak across the world.
Yes The Incident is Funny And True But Even It Happened in Bihar BYJUS LEARNING TABLET AS 💊 TABLET
Awesome 😊
sir your voice is not clear can you post process your voice in editing or try to reduce noise via hardware in 1st place itself.
Thanks for timely insight. Trust and hope you will be right. I find it funny when all anslysts keep saying because fii's are back the markets are rallying. Our mutual fund total aum is quite huge of 542 billion $ as of june end and 80% of folios is retailers. Why cant we get rid of this collonial mentality of praising anything foreign. The fii can disrupt by manipulating the market like adani saga. All that jio can do is this.
Super facts.
Greed conquers all.
Yes. No one can compete with the owner of the country
Please don’t make me owner of country
I am a normal man
So you think JFS/BR is just about MF?
Now floodgate OF SALE OF mutual fund will happen, right till the last corner of villages in India.
People will be promised moon and 20 to 30% CAGR and will burst in 2 -3 years.😂😂
We are in for interesting happenings
👌
❤
👌👍 excellent assessment and content. It's time we have US style anti trust laws. Else after a few decades... the entire country or atleast some parts or businesses will become Jio or Tata republics! We need to wake up!
That Akshat Srivastava is telling that Jio fin would be a multibagger after getting few “bags” and pushing gullible retail investors to buy into this stock until large players sell out.!!😂
It is difficult to disruot existing big crocodile AMCs players business by Rel JFC.. Penetration in MF is yet to happen.
MFD
Index fund अच्छा है
Even SEBI might be forced to change rules to support Jio'S mutual funds
Ya BEBI is just a paper tiger to Ada*i and A*bani
Funny thing is tat ambani is closer to rahul gandhi than to modi
Should we go back to the age when we had Mutual Funds for Kids, 😂😂😂. (It was year 2005-6)
If we did our kids will get insured with theirs. 😂😂😂
20 years of life nothing changed, once born inside Poor family will end up poor.
Dear Mr.Basu, thank you and moneyLife for continuing to educate us. Your lesson, Caveat emptor is well taken.
While I appreciate the points you raise about the Jio-BlackRock juggernaut, I came across Mr.Subramoney's diametrically opposite and eloquent views at ruclips.net/video/3dgHhKAzcrU/видео.html. My gut feeling is that Mr.Mukesh Ambani means business, when he takes such a massive step forward and his track record is good enough to sell to a captive audience.