The world is changing. Businesses are changing. Some are changing by choice. Some are being forced to change. Whatever the case be, change is inevitable. Before the change, it looks scary. After the change, things are mostly better than before. In the process, some businesses are wiped off. That's sad. But there is no other way. The same is happening in the mutual fund distribution business in India. Change is happening. It's happening too fast. The question is not whether we like it or not. The question is how fast we adapt to changes.