All businesses warrant continuous change due to statutory and regulatory requirements. WinRich
Professional Services has been able to adopt to new challenges and requirements with the help and
support from clients like yourselves.
SEBI, the regulator, has specified that, in future, all the consolidated mutual fund statements should
contain the commission earned by the distributor, and also mention any favours received from the Asset
Management Company. Further, the statement is required to mention the savings, if any, due to direct
investments by clients with the fund house. Finally, the statement should also contain information of all
executives earning more than 60 lakhs per annum from the respective asset management companies.
We feel that providing all these additional information in the consolidated statement will bring
transparency and curtail miss-selling of products
We, as an organization, will continue to provide advisory services on an annual fee basis and are
confident that we will be able to add value to your financial and retirement planning, as in the past. If
you have an opinion on this matter, please do not hesitate to let us know your views so that we can
personally discuss with you, and address any issues.
When the modalities and details are finalized, we will align our consolidated statements to reflect the
requirements of SEBI. We will continue to meet the new challenges and realize the business
opportunities as they come up.
As always, we will take our valuable customers like yourselves along with us.
Yours truly,
KN Sridharan
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