Nivesh.com is an online platform (available on mobile app and web), which enables paperless transactions for all mutual funds available in India.
Nivesh.com operates through distributors who can expand their business with the help of the platform.
Distributors already dealing in mutual funds can expand their client base and reach with the help of Nivesh.com.
Distributors dealing in other financial products like insurance or retired bank managers and chartered accountants can start distributing mutual funds with zero investment.
Here are the benefits to the distributors:
Nivesh.com is an ideal platform for any-one to start mutual funds distribution business. Persons engaged in following businesses will find it easier to get started:
All persons involved in selling of mutual fund schemes are required to obtain AMFI Registration Number (ARN) (more details here https://www.amfiindia.com/distributor-corner/become-mutual-fund-distributor).
Abhimanyu has been an entrepreneur in hospitality and real estate sectors based out of Delhi NCR. He had been thinking about need of taking other asset classes to his clients, as he realized over exposure to one asset class could pose significant risk to him and his customers.
He was aware of Mutual Funds but was not sure of how to get started.
After coming in touch with Nivesh.com, he carefully evaluated option of dealing with Nivesh.com versus directly with mutual funds, and clearly saw the benefit of being part of a larger platform and great leverage of technology that Nivesh.com offered. He then spent some time trying to understand the basics of mutual fund investing and also obtained AMFI Registration Number (ARN). Since then, he has been able to help his customers diversify into mutual funds in a much simpler manner leveraging the state of the art technology. He is clear that he is into this for long-term.
Nivesh.com has made it very easy to start investing in mutual funds.
Paperless Onboarding within minutes Transaction processed within seconds
Distributor meets and onboards clients
Client views goal-based funds
Client makes fund selection
Distributor initiates transaction
Client confirms and makes payments
Portfolio monitoring & rebalancing