How do I become an individual mutual fund distributor?

To become an MF advisor, follow these simple steps:

1. Register for the NISM exam. Candidates wishing to become MF advisors should first register for the National Institute of Securities Market (NISM) VA Mutual Funds Distributors Certification Exam.
2. Pass the NISM Exam.
3. Know Your Distributor.
4. Register with AMCs or Distributors.

How does an agent sell a mutual fund?

Can insurance agents sell mutual funds?

Mutual Funds: Your insurance agent may now sell MF, pension products, FDs.

How can I start my own mutual fund company in India?

If you are planning to start up your own private mutual fund company, the first most step is to get approval from SEBI & get the certificate of registration from SEBI. Then an applicant needs to get approval from Securities & Exchange Commissions.

How do I become a mutual fund agent Quora?

By acquiring pass certificate from NISM for a MF Distribution based examination – here you need to get registered through AMFI ( Association of Mutual Funds of India) By acquiring pass certificate from NISM for a IA ( Investment Advisor ) based examination – here you need to get registered through SEBI.

Can a mutual fund distributor sell insurance?

There is no regulation that stops mutual fund distributors from selling other financial products like insurance, bonds and NPS subject to approval of respective regulators. Further, you can distribute NCDs, tax free bonds and government securities by obtaining agency code from the issuers or the banks.

How can I become a SBI mutual fund Distributor?

Empanel Offline

1. Step 1: Fill the Empanelment form for Distributor. You can download form by clicking here – Empanelment form.
2. Step 2: Keep Copies of following documents ready.
3. Step 3: Submit all the forms and documents to the nearest SBI Mutual Fund Branch.

How do I register for mutual funds?

One can invest in mutual funds by submitting a duly completed application form alongwith a cheque or bank draft at the branch office or designated Investor Service Centres (ISC) of mutual Funds or Registrar & Transfer Agents of the respective the mutual funds.

Can I create my own mutual fund?

Although creating your own mutual fund is entirely possible, for most investors I would recommend sticking with a low expense ratio ETF such as the VOO. You also want to invest in bonds but want to avoid fees and/or expenses associated with fixed-income and balanced funds.