Become A Mutual Fund Distributor With Zero Joining Fees
Convert your client’s investments into your success by becoming a mutual fund distributor with Kotak Connect Plus. Get all the tools and support you need for a smooth start.
140 crore+
3.01 lakh (as of March 25)
1 MFD per ~4,600 people
Why Should You Become a Mutual Fund Distributor?
Partner with Kotak as an MF Distributor
Are you an ARN holder? Become a mutual fund distributor seamlessly by joining hands with Kotak Neo
Why 3000+ MFDs chose KCP
- Robust Tech Platform
- Dedicated RM Support
- Sales Training Sessions
- Daily Market Insights
What is a Mutual Fund Distributor & How Does It Work?
As an AMFI-registered intermediary, a mutual fund distributor acts as the bridge between investors and asset management companies (AMCs). Your role is to assist your clients' to invest in different mutual fund schemes.
In India, despite the growing number of people investing in mutual funds, the number of distributors remains quite low. A large and growing population needs guidance on investments, and you, as a mutual fund distributor, can help them.
Join 3000+ MFD partners already growing with Kotak Connect Plus.
FAQs About Mutual Fund Distributors
A mutual fund distributor or MF agent helps people invest in mutual funds. They guide their clients to invest in different mutual fund schemes. They also handle their investment process and earn a commission when their clients invest through them.
You need to pass the NISM-Series-V-A certification exam, complete the ‘know your distributor’ (KYD) process, and obtain your ARN license before starting an MFD business. You can start alone or partner with financial institutions like Kotak Neo to start your business.
ARN is a unique registration number issued by the Association of Mutual Funds in India (AMFI). It is your professional license and is proof that you are trained and have the authority to sell mutual fund products.
It is a SEBI-mandated certification that you need to start the MFD business. NISM certification shows that you have the knowledge and expertise to sell mutual fund products. Without passing it, you cannot apply for your ARN license.
The mutual fund distribution business has high growth potential because there are very few mutual fund distributors in India. If you learn to understand your client’s needs, it can turn into a profitable business.
Yes, we at Kotak Neo provide a dedicated relationship manager for our MF distributors. This dedicated relationship manager acts as your point of contact for all your queries.
It approximately takes about a month or even less to become an MF distributor. It depends on how quickly you can obtain the NISM-Series-V-A certification, complete your KYD, and obtain your ARN license.
Yes, you can become a mutual fund distribution franchise with Kotak Neo by completing the empanelment process in a few easy steps. Click here to get started.
Disclaimer : Investments in securities market are subject to market risks, read all the related documents carefully before investing. Kotak Securities Limited is a distributor for Non-Broking Products/Services such as Mutual Funds, Mutual Funds SIP, Insurance, Corporate FD, Loans any other Third Party Products/Services etc. These are not Exchange traded product and we are just acting as distributor. All disputes with respect to the distribution activity, would not have access to SCORES/ODR, Exchange investor redressal forum or Arbitration mechanism. Kindly also refer to the detailed disclaimer for Third Party Products. Kotak Securities Limited: CIN: U99999MH1994PLC134051, SEBI Registration No. INZ000200137 (Member of NSE, BSE, MSE, MCX & NCDEX), AMFI-registered Mutual Fund Distributor. AMFI ARN: 0164, Date of Registration: July 07, 2002, Current validity of AMFI ARN - July 23, 2027, APMI APRN: APRN02879 and Research Analyst INH000000586. NSDL/CDSL: IN-DP-629-2021.
For Compliance T&C Read full disclaimer: https://www.kotakneo.com/disclaimer/
