The Ask Mutual Fund Distributor Program stands as a pinnacle in the financial landscape, offering aspiring individuals a gateway to success as Ask 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 Ask.
Line of Business
Mutual Fund Distributor
Unit / Shop Area
150 – 200 Sq. Ft.
Commission% / Revenue Sharing
2 to 3% of AUM
Total Investment
Rs.33,000 – Rs.53,000
ROI Timeframe
2 – 3 Month
What do you know about Ask Mutual Fund Distributorship Program?
About the Brand
Industry
Finance & Money
Business Line
Mutual Fund Distributor
Organization Type
Private
Head Office
Mumbai
Founder
Sameer Koticha
Founded In (year)
1983
No. of Distributors
500+
Master Distributorship
Not Available
Distributorship Tenure
2 years
Distribution Location
All over India
Business Set-Up Time
10 Days
Distributorship Commencement Year
1990
How much does Ask Mutual Fund Distributor Cost?
Investment by Distributor
Distributorship Fee
Rs.3,000
Infrastructure Investment
Rs.30,000 – Rs.50,000
What is Ask 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 Ask Mutual Fund Advisor Program?
Monthly Revenue
Active Lumpsum Clients
20
Avg. AUM per Client – Lumpsum (Rs.)
75,500
Total AUM – Lumpsum (Rs.)
15,10,000
Active SIP Clients
250
Avg. AUM per Client – SIP (Rs.)
7,550
Total AUM – SIP (Rs.)
18,87,500
Total AUM (Rs.)
33,97,500
Distributor’s Income (4% of AUM) (Rs.)
1,01,925
Monthly Expenses
Office Rent (Rs.)
13,000
Telecallers Salary (Rs.)
15,000
Dealer Salary (Rs.)
17,500
Misc. Expenses (Rs.)
3,500
Total Expenses (Rs.)
49,000
Monthly Profit
Net Profit (Rs.)
52,925
Profit Margin
52%
How much time does it take for Ask MF Distributor to breakeven?
ROI Timeframe / Breakeven Time
In Months
2 – 3 Month
How to access Ask Mutual Fund Distributor Dashboard?
This program is meticulously designed to empower professionals with the comprehensive knowledge and skills necessary for excelling in the dynamic mutual fund industry.