Instead of becoming a MF distributor, is it legal to collect money from clients and INVEST in individual stocks as per my analysis?

Karthik · February 3, 2015, 10:23am

You need a portfolio manager’s license for this. Check this - http://www.sebi.gov.in/faq/faqpms.html

flyingshark · February 3, 2015, 9:40am

Also, can you name any big wig who does such a thing so that I can read more about him/her?

flyingshark · February 3, 2015, 1:34pm

thanks, so these guys are known as portfolio managers, did not really know this. thnks Karthik for the link