What certificate course must pass to become a certified distributor for MF?

The minimum requirement to become a mutual fund distributor is the completion of NISM Series V-A: Mutual Fund Distributors Certification. For any entity or a person engaged in marketing and selling of mutual funds, SEBI has made it mandatory to clear the NISM Certification.

How do I start a mutual fund distribution business?

Become a Mutual Fund Distributor

1. Becoming Mutual Fund Distributor Requires Following Steps:
2. Pass the NISM Series V-A: Mutual Fund Distributors Certification Examination.
3. Get Your AMFI Registration Number.
4. Empanel with Mutual Funds.
5. Learn to Provide the Right Mutual Fund Schemes to your Customers.

What is the commission for mutual fund distributor?

Typically mutual fund distributors earn around 1\% commission on the value of their clients’ equity schemes and 0.5\% on debt schemes.

Can practicing CA become mutual fund distributor?

A practicing company secretary or a chartered accountant cannot become a mutual fund distributor. If you are not a practitioner you can. The main qualification is to pass the relevant NISM exams. After that, one can get the ARN from AMFI and then empanel with one or more fund houses.

Which is the best course of NISM?

Here are the Best Books for NISM Certification:

• NISM Mutual Fund Distributor.
• Investment Advisor Level 1 & Level 2:
• NISM Research Analyst:
• NISM Equity Derivatives:
• NISM Series V-C Mutal Fund Distributor Level 2:
• Mutual Fund Foundation:
• NISM-Series-XII: Securities Market Foundation:

How can I become a mutual fund agent in SBI?

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.