The Scripbox Mutual Fund Distributor Program stands as a pinnacle in the financial landscape, offering aspiring individuals a gateway to success as Scripbox 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 Scripbox.
Line of Business
Mutual Fund Distributor
Unit / Shop Area
200 – 300 Sq. Ft.
Commission% / Revenue Sharing
2 to 3% of AUM
Total Investment
Rs.3,000 – Rs.43,000
ROI Timeframe
2 – 3 Month
What do you know about Scripbox Mutual Fund Distributorship Program?
About the Brand
Industry
Finance & Money
Business Line
Mutual Fund Distributor
Organization Type
Private
Head Office
Bangalore
Founder
Sanjiv Singhal, Atul Shinghal, Ashok Kumar E R, WS Ravishankar
Founded In (year)
2012
No. of Distributors
100+
Master Distributorship
Not Available
Distributorship Tenure
2 years
Distribution Location
All over India
Business Set-Up Time
10 Days
Distributorship Commencement Year
2012
How much does Scripbox Mutual Fund Distributor Cost?
Investment by Distributor
Distributorship Fee
Rs.3,000
Infrastructure Investment
Zero – Rs.40,000
What is Scripbox 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 Scripbox Mutual Fund Advisor Program?
Monthly Revenue
Active Lumpsum Clients
20
Avg. AUM per Client – Lumpsum (Rs.)
85,000
Total AUM – Lumpsum (Rs.)
17,00,000
Active SIP Clients
250
Avg. AUM per Client – SIP (Rs.)
8,500
Total AUM – SIP (Rs.)
21,25,000
Total AUM (Rs.)
38,25,000
Distributor’s Income (4% of AUM) (Rs.)
1,14,750
Monthly Expenses
Office Rent (Rs.)
14,000
Telecallers Salary (Rs.)
14,500
Dealer Salary (Rs.)
16,500
Misc. Expenses (Rs.)
3,000
Total Expenses (Rs.)
48,000
Monthly Profit
Net Profit (Rs.)
66,750
Profit Margin
58%
How much time does it take for Scripbox MF Distributor to breakeven?
ROI Timeframe / Breakeven Time
In Months
2 – 3 Month
How to access Scripbox 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.