This amount of Rs 7 Lacs is a small change for top class analyst/fund manager. Most of them make much more than that.
As per Sebi , the assets under management of discretionary portfolio management service have doubled in the last one year to Rs 40,000 crore, and continues to grow at a fast clip. They charge fixed charges and performance related fees to their clients. Even assuming 5% ( 2 % fixed +3% performance relared) fees, the total fees which PMS generates is 2000 Cr per annum and 8-10 leading portfolio managers share the maximum amount from that.That comes to 150-200 Cr per annum.
In addition they have mutual funds ( like Ramdeo Agrawal or Late Parag Parekh) ,research service , news letters etc and that explains why these people dont trade.They concentrate on managing the portfolios well and that is pretty rewarding.
We as traders and investors should use the research for our benefit. As individuals we cannot do in-depth research like Motilal Oswal...but we can always pay for that research ( or use free stuff we get at many places ) and make money on it.
Smart_trade
As per Sebi , the assets under management of discretionary portfolio management service have doubled in the last one year to Rs 40,000 crore, and continues to grow at a fast clip. They charge fixed charges and performance related fees to their clients. Even assuming 5% ( 2 % fixed +3% performance relared) fees, the total fees which PMS generates is 2000 Cr per annum and 8-10 leading portfolio managers share the maximum amount from that.That comes to 150-200 Cr per annum.
In addition they have mutual funds ( like Ramdeo Agrawal or Late Parag Parekh) ,research service , news letters etc and that explains why these people dont trade.They concentrate on managing the portfolios well and that is pretty rewarding.
We as traders and investors should use the research for our benefit. As individuals we cannot do in-depth research like Motilal Oswal...but we can always pay for that research ( or use free stuff we get at many places ) and make money on it.
Smart_trade
But I believe this 7 lac per month job is what drives their next 10 lac per month trading call, news letter service, if they were not on tv not much people subscribe to their services, as jo dikhta hai wo bikta hai.
The channel keeps them on studio for almost all day, atleast Sukhani as the day he comes on tv he makes 2 or 3 appearance that day.........
About gujral, he is actually star like man the tv satellite van goes to his office /home, he does not go to studio and he is paid 19 lac compared to 7 lac to Sukhani.
Gujral is more famous and manages fund upto 100 crores on pms, Sukhani does not have pms type service. Gujral is also a broker for many years so that's additional.
Truth is people have imagination that all analyst coming on tv are magical