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In order to enable the investors to choose various financial products,
Invest Inn has taken up the institutional agencies of various service
providers. All the life insurance products including pension schemes
of LIC of India, RBI bonds, various capital gain bonds, mutual funds of
all Mutual Fund companies, Equity and Portfolio services etc
are made available, so that the options of the prospect are complete.
The present practice in the market is that:-
|| Each financial product is promoted by the commission agents of that
product. The commission agent specializes in his product. His
focus is always on that product alone.
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The prospect does not get insight into any other financial products.
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Not only that information on other financial products is not provided
but information on similar products of the competitors are also not made
known to the investors.
|| Think of for example an agent of a particular Mutual fund Company.
He will tell about Mutual funds only. He will not say anything about
other products like equity or life insurance. Not only that ; he
will not make a mention about any other Mutual Fund company. In
short, the prospect does not get a choice.
In fact, diversification is a fundamental principle of wise investment.
"Not to put all the eggs in one basket" is the traditional and universal rule.
Therefore it is essential that investors should know the various
investment opportunities while taking investment decisions. A
proper product mix should be customized to the specific requirement of the
prospect.
Making all the financial products available under one umbrella is critical
for making wise investment decisions. Invest Inn has therefore been
made a Financial Supermarket. |
