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Profitmart Mutual Fund Distributor or Agent Program Review – Cost, Commission, Returns & more

The Profitmart Mutual Fund Distributor Program stands as a pinnacle in the financial landscape, offering aspiring individuals a gateway to success as Profitmart 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 Profitmart.

Line of Business Mutual Fund Distributor
Unit / Shop Area 200 sq.ft.
Commission% / Revenue Sharing 40% – 70%
Total Investment Rs.75,000 – Rs.100,000
ROI Timeframe 2 Month

What do you know about Profitmart Mutual Fund Distributorship Program?

About the Brand
Industry Finance & Money
Business Line Sub Broker
Organization Type Private
Head Office Mumbai
Founder Rakesh Prakash Sonawane
Founded In (year) 2011
No. of Distributors 600+
Master Distributorship Not Available
Distributorship Tenure Lifetime
Distribution Location All over India
Business Set-Up Time 1 Month
Distributorship Commencement Year 2014

How much does Profitmart Mutual Fund Distributor Cost?

Investment by Distributor
Distributorship Fee Rs.25,000 – Rs.50,000
Infrastructure Investment Rs.20,000 – Rs.50,000

What is Profitmart 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 Profitmart Mutual Fund Advisor Program?

Monthly Revenue
Active Lumpsum Clients 20
Avg. AUM per Client – Lumpsum (Rs.) 84,500
Total AUM – Lumpsum (Rs.) 16,90,000
Active SIP Clients 695
Avg. AUM per Client – SIP (Rs.) 8,450
Total AUM – SIP (Rs.) 58,72,750
Total AUM (Rs.) 75,62,750
Distributor’s Share (Rs.) (1% of AUM) 75,628
New Client Acquisition 50
Client Acquisition Income (Rs.) 7,500
Total Distributors Income 83,128
Total Expenses 25,000
Distributor’s Net Profit 58,128
Net Profit Margin 69.93%

How much time does it take for Profitmart MF Distributor to breakeven?

ROI Timeframe / Breakeven Time
In Months 2 Month

How to access Profitmart Mutual Fund Distributor Dashboard?

Mutual Fund Dashboard Access
Profitmart MF Advisor Dashboard Dashboard Link

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What is the Profitmart MF Seller Infrastructure requirement?

Infrastructure Required
Shop / Unit Area 200 sq.ft.
Employee Strength Minimum 2
Research / Advisory Optional
Trading Terminals Set-up Compulsory
Telephone Lines Compulsory
Computer / Internet Connectivity Compulsory
Airconditioner Optional
CCTV Set-up Optional

What is the extent of Support provided to Profitmart Mutual Fund Distributor?

Support from Brand
Offers Available
Client Interaction Training Available
Relationship Manager Support Available
Back-Office Support Partially Available
MF Investment Support Not Available
MF Advisory Support Available
Marketing Support Partially Available
Business Management Software Available
Website Support Available
Operation Manual Not Available
Training Manual Available

What kind of Marketing Support is provided by Profitmart MF Advisor Program?

Marketing Support by Brand
Unit Interior & Exterior Ads Available
Local Advertisement Not Available
Digital Marketing Not Available
Television Advertisement Not Available
Prints Advertisement Not Available
Events/Seminars Not Available

Does Profitmart Mutual Fund Distributor gets training?

Training by Brand
Product Information Training Provided
Dealers Training Provided
Service Training Provided

What are the Products & Services provided to Profitmart Mutual Fund Agent?

Products / Service Offerings
SIP Mutual Fund Available
Lumpsum Mutual Fund Available
Direct Mutual Fund Available
Equity Trading Available
Commodity Trading Available
Currency Trading NA
Derivatives Available
Forex NA
Banking NA
Insurance NA
Demat Services Available
3 in 1 Acount NA
IPO Services Available
MF Recommendations Available
Robo Advisory NA
PMS NA
Mobile App Available
Web Trading Platform Available

What is the Eligibility Criteria to Become Profitmart Mutual Fund Distributor?

Distributor Qualification
Age Limit 24 Years & above
Business Experience Optional
Academic Qualification Graduate

Is ARN Number required to become Profitmart Mutual Fund Seller?

ARN number Not Compulsory

Which documents are required to become Profitmart Mutual Fund Agent?

Documents Required
Distributorship Agreement Required
Proprietor Aadhaar Copy Required
Proprietor Photo Required
Proprietor / Business PAN Copy Required
Business TAN Copy Required
GST Registration Certificate Required
Proprietor / Business Address Proof Required
Unit / Shop Address Proof Required
NISM Certification Required
NOC of Unit / Shop Required

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Is Profitmart Mutual Fund Advisor Program good for you?

MF Seller Ratings – by FranchiseGuru
Revenue Sharing 3.59 / 5
Distributorship Fees & Investment 3.54 / 5
Support & Training 3.43 / 5
ROI Timeframe 3.48 / 5
Brand Value 3.47 / 5
Overall Ratings 3.50 / 5

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