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?
This program is meticulously designed to empower professionals with the comprehensive knowledge and skills necessary for excelling in the dynamic mutual fund industry.