A Mutual Fund Distributor serves as an intermediary. They play a crucial role in advising & facilitating mutual fund investments for both individual and institutional clients.
The exam tests candidates on mutual funds, financial planning, and regulations. Essential for certification, ensuring industry standards, and ethical client management.
Mutual Fund Distributors earn 0.1% to 2% in commissions for selling fund units. Rates vary based on fund type, sales volume, and agreements with fund companies.
Mutual fund distributors guide investors in choosing funds, provide investment advice, manage portfolios, educate clients, facilitate transactions, and track performance.
Mid-career professionals make ₹2.9 Lakhs/year, while the experienced ones earn ₹3.0 Lakhs/year. Income varies with client base, performance, and commission rates.
Pass the NISM Series V-A exam, register with AMFI for an ARN, complete KYD for identity verification, partner with fund houses & stay updated with market trends.