The Phonepe Mutual Fund Distributor Program stands as a pinnacle in the financial landscape, offering aspiring individuals a gateway to success as Phonepe 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 Phonepe.
Line of Business
Mutual Fund Distributor
Unit / Shop Area
150 – 200 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 Phonepe Mutual Fund Distributorship Program?
About the Brand
Industry
Finance & Money
Business Line
Mutual Fund Distributor
Organization Type
Private
Head Office
Mumbai
Founder
Sameer Nigam
Founded In (year)
2015
No. of Distributors
50+
Master Distributorship
Not Available
Distributorship Tenure
2 years
Distribution Location
All over India
Business Set-Up Time
10 Days
Distributorship Commencement Year
2015
How much does Phonepe Mutual Fund Distributor Cost?
Investment by Distributor
Distributorship Fee
Zero
Infrastructure Investment
Zero – Rs.40,000
What is Phonepe 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 Phonepe Mutual Fund Advisor Program?
Monthly Revenue
Active Lumpsum Clients
20
Avg. AUM per Client – Lumpsum (Rs.)
81,300
Total AUM – Lumpsum (Rs.)
16,26,000
Active SIP Clients
250
Avg. AUM per Client – SIP (Rs.)
8,130
Total AUM – SIP (Rs.)
20,32,500
Total AUM (Rs.)
36,58,500
Distributor’s Income (4% of AUM) (Rs.)
1,09,755
Monthly Expenses
Office Rent (Rs.)
14,000
Telecallers Salary (Rs.)
14,000
Dealer Salary (Rs.)
15,000
Misc. Expenses (Rs.)
3,000
Total Expenses (Rs.)
46,000
Monthly Profit
Net Profit (Rs.)
63,755
Profit Margin
58%
How much time does it take for Phonepe MF Distributor to breakeven?
ROI Timeframe / Breakeven Time
In Months
2 – 3 Month
How to access Phonepe 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.