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

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

Cleartax Mutual Fund logoThis 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 Cleartax.

Line of Business Mutual Fund Distributor
Unit / Shop Area 150 – 250 Sq. Ft.
Commission% / Revenue Sharing 2 to 3% of AUM
Total Investment Zero – Rs.40,000
ROI Timeframe 2 – 3 Month

What do you know about Cleartax Mutual Fund Distributorship Program?

About the Brand
Industry Finance & Money
Business Line Mutual Fund Distributor
Organization Type Private
Head Office Mumbai
Founder Archit Gupta
Founded In (year) 2000
No. of Distributors 400+
Master Distributorship Not Available
Distributorship Tenure 2 years
Distribution Location All over India
Business Set-Up Time 10 Days
Distributorship Commencement Year 2000

How much does Cleartax Mutual Fund Distributor Cost?

Investment by Distributor
Distributorship Fee Zero
Infrastructure Investment Zero – Rs.40,000

What is Cleartax 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 Cleartax Mutual Fund Advisor Program?

Monthly Revenue
Active Lumpsum Clients 20
Avg. AUM per Client – Lumpsum (Rs.) 75,000
Total AUM – Lumpsum (Rs.) 15,00,000
Active SIP Clients 250
Avg. AUM per Client – SIP (Rs.) 7,500
Total AUM – SIP (Rs.) 18,75,000
Total AUM (Rs.) 33,75,000
Distributor’s Income (4% of AUM) (Rs.) 1,01,250
Monthly Expenses
Office Rent (Rs.) 15,000
Telecallers Salary (Rs.) 15,000
Dealer Salary (Rs.) 17,500
Misc. Expenses (Rs.) 3,500
Total Expenses (Rs.) 51,000
Monthly Profit
Net Profit (Rs.) 50,250
Profit Margin 50%

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

ROI Timeframe / Breakeven Time
In Months 2 – 3 Month


How to access Cleartax Mutual Fund Distributor Dashboard?

Mutual Fund Dashboard Access
Cleartax MF Advisor Dashboard Dashboard Link

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What is the Cleartax MF Seller Infrastructure requirement?

Infrastructure Required
Shop / Unit Area 150 – 250 Sq. Ft. (Optional)
Employee Strength Minimum 2 (Optional)
Research / Advisory Optional
Trading Terminals Set-up Optional
Telephone Lines Compulsory
Computer / Internet Connectivity Compulsory
Airconditioner Optional
CCTV Set-up Compulsory

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

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

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

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

Does Cleartax Mutual Fund Distributor gets training?

Training by Brand
Product Information Training Provided
Dealers Training Not Provided
Service Training Provided

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

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

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

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

Is ARN Number required to become Cleartax Mutual Fund Seller?

ARN number Not Compulsory

Which documents are required to become Cleartax 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 Cleartax Mutual Fund Advisor Program good for you?

MF Seller Ratings – by FranchiseGuru
Revenue Sharing 3.96 / 5
Distributorship Fees & Investment 4.02 / 5
Support & Training 3.99 / 5
ROI Timeframe 3.92 / 5
Brand Value 3.95 / 5
Overall Ratings 3.98 / 5


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