The Choice Broking Mutual Fund Distributor Program stands as a pinnacle in the financial landscape, offering aspiring individuals a gateway to success as Choice Broking 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 Choice Broking.
Line of Business
Mutual Fund Distributor
Unit / Shop Area
Not Required (WFH)
Commission% / Revenue Sharing
50% – 70%
Total Investment
Not Required
ROI Timeframe
1 Month
What do you know about Choice Broking Mutual Fund Distributorship Program?
About the Brand
Industry
Finance & Money
Business Line
Sub Broker
Organization Type
Private
Head Office
Mumbai
Founder
Kamal Poddar
Founded In (year)
1992
No. of Distributors
750+
Master Distributorship
Not Available
Distributorship Tenure
Lifetime
Distribution Location
All over India
Business Set-Up Time
1 Month
Distributorship Commencement Year
2009
How much does Choice Broking Mutual Fund Distributor Cost?
Investment by Distributor
Distributorship Fee
Rs.3,000 (Exchange Charges)
Infrastructure Investment
Zero
What is Choice Broking 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 Choice Broking Mutual Fund Advisor Program?
Monthly Revenue
Active Lumpsum Clients
22
Avg. AUM per Client – Lumpsum (Rs.)
82,500
Total AUM – Lumpsum (Rs.)
18,15,000
Active SIP Clients
720
Avg. AUM per Client – SIP (Rs.)
8,250
Total AUM – SIP (Rs.)
59,40,000
Total AUM (Rs.)
77,55,000
Distributor’s Share (Rs.) (1% of AUM)
77,550
New Client Acquisition
60
Client Acquisition Income (Rs.)
18,000
Total Distributors Income
95,550
Total Expenses
25,000
Distributor’s Net Profit
70,550
Net Profit Margin
73.84%
How much time does it take for Choice Broking MF Distributor to breakeven?
ROI Timeframe / Breakeven Time
In Months
1 Month
How to access Choice Broking Mutual Fund Distributor Dashboard?