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Are discount broking firms a threat to traditional brokerages?

Discount broking firms have helped expand the market by bringing on board a large number of first-time investors.

Apart from tax benefits, retirement fund body EPFO promises subscribers pension and insurance benefits. 
Here is a list of top 5 mutual funds that have provided the maximum returns across 1 year, 3 year and 5 year tenure in open-ended equity fund category.
The online facility provided by the EPFO to manage your UAN allows you to check you provident fund balance, make claims and transfer request.
Seeing the value of investments going down is not a pleasant sight and many investors stand confused wondering whether the carnage will stop or not.