Building a career as a mutual fund distributor offers an excellent opportunity for those in the financial services sector
Becoming a mutual fund distributor presents significant opportunities for personal and financial growth, as well as for generating recurring income. It also allows you to assist others with their financial planning. The flexibility and relatively low entry barriers make this career path an appealing option for those interested in finance.
Pursuing a career as a mutual fund distributor presents a valuable opportunity for individuals engaged in the financial services sector. This path can serve as both a rewarding career and a viable side venture for those with a keen interest in this industry
Let your clients transact at their comfort - anytime, anywhere on any device - using a safe and user-friendly platform
Acquire clients across locations using high quality images, videos, email campaigns and presentations, free of cost!
Create your own branding using white-labelled reports, posts, images, links, your own website and mobile application
Get empowered and enlightened with regular trainings, meetings, seminars and webinars with industry experts.
Become a Mutual Fund Distributor in Easy Steps
Start working with Super Finserv that can provide everything you need to generate Growing Demand for Investment Products, Wide Range of Funds, Building Client Relationships etc.
A comprehensive and user-friendly online investment platform for mutual fund transactions.
Access real-time portfolio valuation, capital gains/losses, dividend income, and a variety of other reports instantly.
Offer your clients added value with tools like financial calculators, smart scheme combinations, ready-made portfolios,and more.
Your relationship manager is your dedicated guide, providing clear direction and support for all your investment products and service needs.
Access a range of MIS tools and business analytics reports to manage your business intelligently and efficiently.
Leverage a variety of MIS tools and business analytics reports to manage your business with intelligence and efficiency.
Simple design, built with beginners and experts in mind. Sign up in minutes, one-time KYC process within the app. Verify your KYC/Video KYC available. Invest in the ready-made basket of mutual funds recommended by experts. Buy and sell mutual funds, or start SIP with few taps. Start SIP or invest one time (Lumpsum). All mutual fund companies (AMCs) are supported on Mutual Fund app. View Fact sheet of all Schemes.
There are a few essential procedures in India to become a Mutual Fund Distributor:
Absolutely. MFD is a promising career. According to AMFI, as of February 2024, there will only be 1,54,051 mutual fund distributors to service 4,39,08,572 customers.
There is no specified educational requirement according to Association of Mutual Funds of India(AMFI). Anyone interested in finances and having basic knowledge of financial markets can join the Mutual fund industry.
The NISM Series V-A Certification exam is an exam to evaluate a candidate's understanding of mutual funds. The certificate lasts 3 years and requires renewal thereafter.
There are no particular educational prerequisites for MFDs. Relevant certification such as NISM Series V-A certification and ARN is needed.
Anyone who wants to work as a Mutual Fund Distributor must pass the NISM-Series V-A Mutual Fund Distributor certification exam.
NISM Exam link - https://www.nism.ac.in/mutual-fund-distributors/
Normally, applicants have two hours(120 minutes) to complete the Multiple choice based NISM Series V-A Mutual Fund Distributor Exam.
The NISM Series V-A exam evaluates understanding of mutual funds, their composition, and Indian regulations.
To sign up for the Mutual Fund Distributor NISM VA exam:
The following steps are required to prepare for NISM exam:
Super Finserv offers free workshops on the NISM V-A exam. The workshop consists of thorough study guides, online training modules, and practice exams to assist you in clearing the NISM Series V-A exam.
NISM registration link https://www.nism.ac.in/mutual-fund-distributors/
The cost for re-attempting the exam is the same Rs. 1500 which is paid during registration. You have 30 days to attempt the exam
if you don't pass.
You are allowed as many attempts as you prefer, but each try will need payment of the exam fees.
The ARN represents the "AMFI Registration Number." It is a unique identifying number given to people or organizations operating as mutual fund distributors by the Association of Mutual Funds in India (AMFI).
Anyone involved in the marketing or distribution of mutual fund products in India is required to have an ARN.
To receive an ARN number, you must first register with AMFI by fulfilling the training requirements and passing the NISM VA (Mutual Fund Distributors) certification exam.
After that, you must send AMFI the application and all relevant supporting documentation to obtain ARN. The minimum ARN to obtain ARN is 18. For more information visit #.
Super Finserv provides its mutual fund distributors with a number of services. Such as:
No, not without an ARN (AMFI Registration Number).
Once you clear the NISM series V-A, you can apply for ARN and can start your mutual fund distribution journey with Super Finserv.
To apply for ARN, click here: https://amfi.camsonline.com/amfi-online/#/sessions/login
Yes, the brokerage rate is Inclusive of GST.
Yes, distributors associated with Super Finserv can get clients from all across India by utilizing Super Finserv’s vast network and technical platforms to reach a national audience.
The partner desk provides clients and distributors connected to Super Finserv with a dedicated point of support and assistance.
There are NO fees when partnering with Super Finserv.
Yes. According to the report by Angel One, Super Finserv is 5th Largest Mutual Fund Distributor in overall category and 2nd Largest in National Distributor (ND) category.
Yes, before beginning the transfer of assets to another ARN, distributors must notify and get the approval of their investors. Distributors may proceed with the transfer if, within 15 days, they hear nothing from investors.
The payment that is given to distributors who help investors obtain mutual fund products is known as a mutual fund distributor commission.
This commission can take many different forms, but its main purpose is to pay the distributor for their assistance in marketing, selling, and providing customer care related to mutual fund investments.
The amount of sales a mutual fund distributor makes, the kind of mutual funds they distribute, and the commission structure all have an impact on their revenue.
The following steps are required to prepare for NISM exam:
Super Finserv offers free workshops on the NISM V-A exam. The workshop consists of thorough study guides, online training modules, and practice exams to assist you in clearing the NISM Series V-A exam.
NISM registration link https://www.nism.ac.in/mutual-fund-distributors/
The cost for re-attempting the exam is the same Rs. 1500 which is paid during registration. You have 30 days to attempt the exam
if you don't pass.
You are allowed as many attempts as you prefer, but each try will need payment of the exam fees.
The ARN represents the "AMFI Registration Number." It is a unique identifying number given to people or organizations operating as mutual fund distributors by the Association of Mutual Funds in India (AMFI).
Anyone involved in the marketing or distribution of mutual fund products in India is required to have an ARN.
To receive an ARN number, you must first register with AMFI by fulfilling the training requirements and passing the NISM VA (Mutual Fund Distributors) certification exam.
After that, you must send AMFI the application and all relevant supporting documentation to obtain ARN. The minimum ARN to obtain ARN is 18. For more information visit #.
Super Finserv provides its mutual fund distributors with a number of services. Such as:
No, not without an ARN (AMFI Registration Number).
Once you clear the NISM series V-A, you can apply for ARN and can start your mutual fund distribution journey with Super Finserv.
To apply for ARN, click here: https://amfi.camsonline.com/amfi-online/#/sessions/login
Yes, the brokerage rate is Inclusive of GST.
Yes, distributors associated with Super Finserv can get clients from all across India by utilizing Super Finserv’s vast network and technical platforms to reach a national audience.
The partner desk provides clients and distributors connected to Super Finserv with a dedicated point of support and assistance.
There are NO fees when partnering with Super Finserv.
Yes. According to the report by Angel One, Super Finserv is 5th Largest Mutual Fund Distributor in overall category and 2nd Largest in National Distributor (ND) category.
Yes, before beginning the transfer of assets to another ARN, distributors must notify and get the approval of their investors. Distributors may proceed with the transfer if, within 15 days, they hear nothing from investors.
The payment that is given to distributors who help investors obtain mutual fund products is known as a mutual fund distributor commission.
This commission can take many different forms, but its main purpose is to pay the distributor for their assistance in marketing, selling, and providing customer care related to mutual fund investments.
The amount of sales a mutual fund distributor makes, the kind of mutual funds they distribute, and the commission structure all have an impact on their revenue.