Network FP Thinktank is an Online Professional Journal by Network FP wherein we share the articles written by top-class financial advisors and industry thought leaders from across India and the world.
Potential Risk Class Matrix
Amit Trivedi
Owner, Karmayog Knowledge Academy
August 31, 2021
Reading Time: 3 minutes We all are aware of the two primary risks associated with debt mutual funds, viz., interest rate risk and credit risk. The fund managers embrace these risks in varying proportions in line with the investment objectives of the respective schemes. The goal is to take these risks in a calculated manner in order to enhance […]
Read MoreCharity can be one of the financial goals of your clients.
Amit Trivedi
Owner, Karmayog Knowledge Academy
March 2, 2021
Reading Time: 3 minutes One of the earlier lessons a kid is taught in many schools is about “caring and sharing”. This is also a part of our heritage. A very common prayer “तेन त्यक्तेन भुञ्जीथा” (tena tyakten bhunjitaha) talks about “giving up to gain.” To many, this philosophy seems counter-intuitive. However, let us look at a few stories […]
Read MoreHere are 4 ways to delegate tasks to your team
Amit Trivedi
Owner, Karmayog Knowledge Academy
November 24, 2020
Reading Time: 4 minutes “I do not know how to get work done from my team.” said Mr. Struggler. “Some of my team members make some silly mistakes.” quipped Ms. Perfectionist. “It is easier and less time-consuming to do things myself than to teach someone to do the same thing.” argued Mr. Doer. Mr. Struggler, Ms. Perfectionist, and Mr. […]
Read MoreRIA regulations: 5 ways to move forward
Amit Trivedi
Owner, Karmayog Knowledge Academy
October 20, 2020
Reading Time: 6 minutes The last week of September, 2020 saw a sudden rise in a certain activity that many mutual fund distributors were not prepared for – changing the names of their respective firms. This was triggered by a letter sent by AMFI (Association of Mutual Funds in India) to all the AMFI Registered mutual fund distributors. Suddenly, […]
Read MoreOvercoming blind spots to make important decisions
Amit Trivedi
Owner, Karmayog Knowledge Academy
September 2, 2020
Reading Time: 2 minutes There is a very interesting incident that took place with a professor at the Columbia University, who was a pioneer in the study of decision analysis. Once upon a time, former faculty member Howard Raiffa, a pioneer in the study of decision analysis, was offered a position at Harvard, which was considered a step up […]
Read MoreMaking way through unforseen and unprecedented times
Amit Trivedi
Owner, Karmayog Knowledge Academy
July 7, 2020
Reading Time: 4 minutes “This is an unprecedented event. We haven’t seen anything like this before. Nobody saw it coming.” Well, these are some of the most common reactions to the current state of the pandemic and the response of the governments of various countries. How should one react in such situations? How does an advisor handle the clients […]
Read MoreAnd Ratnakar became Maharishi Valmiki…
Amit Trivedi
Owner, Karmayog Knowledge Academy
June 4, 2020
Reading Time: 3 minutes Once upon a time, there was a very skilful hunter named Ratnakar. He was not just a hunter; he was a cruel and fearless thief. He was living in the forests and whoever passed by that forest would be stopped and Ratnakar would rob them off all their possessions. He would feed his family through […]
Read MoreWhen would the markets recover?
Amit Trivedi
Owner, Karmayog Knowledge Academy
April 3, 2020
Reading Time: 6 minutes At almost all times, especially testing times like these, the world expects us advisors to know what is going to happen and when. And when the markets have fallen to the extent they have now, we are asked one question more than anything else- “When will the market recover?”. In today’s wonderful piece, Mr. Amit Trivedi takes us through the History of some major events-driven market falls and uses mathematics to explain the concept of the actual fall in values of securities. Using these two, we can first understand what has happened in the past, how have things changed since and what is happening now. Which then leads to an interesting question of whether we can know what is going to happen and when..Read on to know more..
Read MoreLead by Example, during the times of Covid-19 pandemic
Amit Trivedi
Owner, Karmayog Knowledge Academy
March 24, 2020
Reading Time: 3 minutes Leadership is a simple concept to explain but really difficult to showcase. And tough time like these just test your leadership skills all the more. However, it is times like these when the true leaders shine bright like the Sun from behind a thick layer of grey clouds. They step up, take charge, instil confidence and truly fulfill their role of “leading by example”. Today’s read is a piece written by Mr. Amit Trivedi, which is a realigned version of his piece for this year’s annual magazine. He cites beautiful examples of some of the true leaders of the corporate world, and shows us a ray of hope- makes us believe that through small steps, we too, can make difference and lead an inspiring life that touches the lives of many others who may not be a in a position to help themselves. Let us maintain positivity, optimism and strong resolve to take care of those that are dependent on us to lead the way…
Read MoreAyodhya – the Kingdom for Bharat
Amit Trivedi
Owner, Karmayog Knowledge Academy
March 3, 2020
Reading Time: 2 minutes Fiduciary responsibility is one of the biggest responsibilities one can ever be entrusted with. You step into the shoes of the one putting this responsibility on you are expected to undertake a task/make decisions for them, in a way that their interests-financial and otherwise, are well protected. Fiduciary responsibility is the very essence of our profession. However are we really keeping our clients’ best interest before everything else? Are we honouring this job with utmost commitment and integrity? Read this piece by Mr. Amit Trivedi that draws a wonderful parallel to the role of a financial advisor and introspect- should you be proud of what you’re doing or is there still scope for improvement?
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