Become a Choice Broking Mutual Fund Distributor Today! Find out details like its Total Investment, Commission, Estimated Monthly Profits, Office Requirements, ARN Generation Support & more.

Choice Broking Mutual Fund Seller Network is one of the largest in India. Hence, association with this Brand can be one of the best business opportunities in today’s time.

Type of Distributorship Sub Broker
Total Distribution Network 750+
Total Investment Rs.25,000 – Rs.75,000
Distributors Commission 0.75% to 1.5% of AUM
Avg. Monthly Profit Rs.70,550
Breakeven Time 1 – 2 months
Payout Time 30 Days

Choice Broking Mutual Fund Distributor - Company Overview

Category

Mutual Fund Distributor

Organization Type

Private

Head Office

Mumbai

Founder

Kamal Poddar

Founded In (year)

1992

Distributorship Tenure

Lifetime

Choice Broking Mutual Fund Seller Commission

Revenue Sharing

0.75% to 1.5% of AUM

Per Client Acquisition

Rs.300

Choice Broking Mutual Fund Advisor Cost or Investment

Distributorship Fees (One Time)

Rs.25,000 - Rs.50,000

Office Expenses (Monthly)

Zero - Rs.25,000


Choice Broking Mutual Fund Distributorship – Expected Profits & Income

The table below shows expected profits, AUMs & Income that you can make, if you become Choice Broking MF Advisor.

Active Lumpsum Clients 22
Avg. AUM per Client – Lumpsum (Rs.) 82,500
Total AUM – Lumpsum (Rs.) 18,15,000
Active SIP Clients 720
Avg. AUM per Client – SIP (Rs.) 8,250
Total AUM – SIP (Rs.) 59,40,000
Total AUM (Rs.) 77,55,000
Distributor’s Share (Rs.) (1% of AUM) 77,550
New Client Acquisition 60
Client Acquisition Income (Rs.) 18,000
Total Distributors Income 95,550
Total Expenses 25,000
Distributor’s Net Profit 70,550
Net Profit Margin 73.84%

Choice Broking Mutual Fund Agent Offers

Commission above 1%

Yes

Zero Investment

No

Free Advisory

Yes

Direct Mutual Fund

No

Choice Broking Mutual Fund Distributor Support

ARN Generation Support

Yes

Acquisition Support

Yes, Limited

Products Training

Yes

Webinars

No

Advisory Support

Yes

RM Support

No

Backoffice Support

Yes

Marketing Support

Yes, Limited

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Choice Broking MF Distributor Office Requirement

Area in Sq. Ft.

150 - 300 Sq. Ft. (Optional)

No. of Employees

Atleast 1 (Optional)

Dealer Terminal

Mandatory

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV

Optional

Reception

Optional

Managers Cabin

Optional

Choice Broking Mutual Fund Seller Dashboard Link

Web Platform


Choice Broking Mutual Fund Advisor Backoffice Platform - Features

Lead Addition Link

Yes

Manual Lead Addition

No

Lead Stage Info

Yes

Lead Info Backend Change

No

Lead Deletion

No

Leads Report

Yes

Clients Payment Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

Yes

Auto Debit Request - SIP

No

Monthly Payout Report

Yes

Choice Broking MF Seller Review or Ratings by Finec.in

Overall Rating

8.40 / 10

Commission

8.36 / 10

Investment

8.49 / 10

Breakeven

8.43 / 10

Support

8.35 / 10

Experience

8.33 / 10

Choice Broking MF Advisor - Products Offered

SIP Mutual Fund

Yes

Lumpsum Mutual Fund

Yes

Direct Mutual Fund

No

PMS or PCG

No

Equity

Yes

Derivatives

Yes

Commodity

Yes

Currency

Yes

IPOs / FPOs / NCDs

Yes

ETFs

Yes

Insurance

No

Loans

No

Choice Broking Mutual Fund Distributor - Investment Platforms Offered

Mobile Investment App

Yes

Web Investment Platform

Yes

Desktop Investment Terminal

Yes

Algo Trading Platform

No

Robo Advisory Platform

No

Thematic Investment Platform

No

ETF Platform

Yes

Backoffice Platfrom

Yes

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How to Become a Choice Broking Mutual Fund Agent? - Eligibility Criteria

Age

21+ Years & above

Nationality

Indian

Academic Qualification

Graduate

NISM Certificate

Yes, Mandatory

ARN Generation

Optional

Choice Broking MF Distributor - Documents Required

Distributorship Agreement

Mandatory

Identity Proof - Aadhaar

Mandatory

Address Proof - Aadhaar / Rental Agreement

Mandatory

PAN

Mandatory

Passport Size Photo

Mandatory

Bank Account Details

Mandatory

Bank Cancelled Cheque

Mandatory

Customer ratings and reviews of Choice Broking MF Distributor

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