The Sharekhan Mutual Fund Distributor Program stands as a pinnacle in the financial landscape, offering aspiring individuals a gateway to success as Sharekhan 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 Sharekhan.
Line of Business
Mutual Fund Distributor
Unit / Shop Area
150 – 200 sq.ft.
Commission% / Revenue Sharing
60% – 70%
Total Investment
Rs.30,000 – Rs.1 Lakh
ROI Timeframe
3 Month
What do you know about Sharekhan Mutual Fund Distributorship Program?
About the Brand
Industry
Finance & Money
Business Line
Sub Broker
Organization Type
Private
Head Office
Mumbai
Founder
Jaideep Arora
Founded In (year)
2000
No. of Distributors
7000+
Master Distributorship
Not Available
Distributorship Tenure
Lifetime
Distribution Location
All over India
Business Set-Up Time
1 Month
Distributorship Commencement Year
2005
How much does Sharekhan Mutual Fund Distributor Cost?
Investment by Distributor
Distributorship Fee
Rs.70,000 – Rs.100,000
Infrastructure Investment
Rs.30,000 – Rs.1 Lakh
What is Sharekhan 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 Sharekhan Mutual Fund Advisor Program?
Monthly Revenue
Active Lumpsum Clients
25
Avg. AUM per Client – Lumpsum (Rs.)
92,000
Total AUM – Lumpsum (Rs.)
23,00,000
Active SIP Clients
735
Avg. AUM per Client – SIP (Rs.)
9,200
Total AUM – SIP (Rs.)
67,62,000
Total AUM (Rs.)
90,62,000
Distributor’s Share (Rs.) (1% of AUM)
90,620
New Client Acquisition
70
Client Acquisition Income (Rs.)
0
Total Distributors Income
90,620
Total Expenses
25,000
Distributor’s Net Profit
65,620
Net Profit Margin
72.41%
How much time does it take for Sharekhan MF Distributor to breakeven?
ROI Timeframe / Breakeven Time
In Months
3 Month
How to access Sharekhan Mutual Fund Distributor Dashboard?