Frequently Asked Questions (FAQs)
Most frequent questions and answers
In simple words, it can be stated that a mutual fund is an investment tool through which clients or investors purchase securities. Each and every fund has its own risk-return characteristics.
A mutual fund advisor is a qualified professional who helps the investors by suggesting to them the best mutual fund schemes.
The earnings of the mutual fund advisor come through Commission on their clients’ investment.
The first and foremost thing to do is, getting registered for the NISM Examination. The best part is you can appear for this exam of mutual fund advisor online as well funds in India.
The major benefit is you can work remotely.
- Completely Online Platform
- Opportunity to deal in multiple products
After completing the examination and getting the ARN Number, you can start working as a Mutual Funds Distributor. Either you can join the mutual fund distribution platforms like Nivesh.com or can also go for the direct ones.
The earnings of a mutual fund advisor depend upon the commissions. The more clients you attract and convert into potential investors, the higher you earn.
Yes, it is mandatory to clear the NISM exam to become a mutual fund distributor in India.
However, Nivesh.com has an interesting model where one can simply just refer a client to our team and once the investment is made they can earn too.
Once you have obtained AMFI Registration Number (ARN), you are ready to start your mutual fund distribution business. Here are the steps that you need to carry out for the same
- Getting Product
- Knowledge of
- investment planning
- Find out the Needs of Investor
- Investment & Asset Allocation
- Commission Structure
- Hand Holding
- Portfolio Review & Restructuring
- Business Growth Strategies
Yes, the citizens crossed the age of 50 years as of 31st May 2010, can easily get the NISM Mutual Fund Distribution Certificate by:
- Taking part in NISM Series VA Mutual Fund Distributors Certification Examination
- Or completing the NISM’s Continuing Professional Education (CPE) Training Program