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


You need a portfolio manager’s license for this. Check this -

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

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