The Standard Chartered Mutual Fund Distributor Program stands as a pinnacle in the financial landscape, offering aspiring individuals a gateway to success as Standard Chartered Mutual Fund Agents.
This program is meticulously designed to empower professionals with the comprehensive knowledge and skills necessary for excelling in the dynamic mutual fund industry.
As a Distributor, participants gain access to a robust support system, cutting-edge technology, and a diverse range of mutual fund products, enabling them to cater to the unique financial needs of clients.
Joining this program opens doors to a rewarding career in financial services, backed by the credibility and expertise of Standard Chartered.
Line of Business
Mutual Fund Distributor
Unit / Shop Area
150 – 300 Sq. Ft.
Commission% / Revenue Sharing
2 to 3% of AUM
Total Investment
Rs.41,000 – Rs.71,000
ROI Timeframe
2 – 3 Month
What do you know about Standard Chartered Mutual Fund Distributorship Program?
About the Brand
Industry
Finance & Money
Business Line
Mutual Fund Distributor
Organization Type
Public
Head Office
Mumbai
Founder
James Wilson
Founded In (year)
1969
No. of Distributors
200+
Master Distributorship
Not Available
Distributorship Tenure
2 years
Distribution Location
All over India
Business Set-Up Time
10 Days
Distributorship Commencement Year
2002
How much does Standard Chartered Mutual Fund Distributor Cost?
Investment by Distributor
Distributorship Fee
Rs.11,000
Infrastructure Investment
Rs.30,000 – Rs.60,000
What is Standard Chartered Mutual Fund Agent Commission?
Commission% / Revenue Sharing
Distributor Commission
2 to 3% of AUM
Brand Commission
0.5 to 1% of AUM
How much you can earn from Standard Chartered Mutual Fund Advisor Program?
Monthly Revenue
Active Lumpsum Clients
20
Avg. AUM per Client – Lumpsum (Rs.)
85,000
Total AUM – Lumpsum (Rs.)
17,00,000
Active SIP Clients
250
Avg. AUM per Client – SIP (Rs.)
8,500
Total AUM – SIP (Rs.)
21,25,000
Total AUM (Rs.)
38,25,000
Distributor’s Income (4% of AUM) (Rs.)
1,14,750
Monthly Expenses
Office Rent (Rs.)
15,000
Telecallers Salary (Rs.)
15,000
Dealer Salary (Rs.)
17,000
Misc. Expenses (Rs.)
3,500
Total Expenses (Rs.)
50,500
Monthly Profit
Net Profit (Rs.)
64,250
Profit Margin
56%
How much time does it take for Standard Chartered MF Distributor to breakeven?
ROI Timeframe / Breakeven Time
In Months
2 – 3 Month
How to access Standard Chartered Mutual Fund Distributor Dashboard?