Angel One Mutual Fund Distributor or Seller – Commission, Cost, Profits & more

This article will discuss in detail how to become an Angel One mutual fund distributor and all the benefits you get.

Angel One mutual fund seller enjoys the benefit of having a very active support system, one of the best commission rates, and easy client onboarding and handling process.

This business requires you to work on acquiring new clients, monitoring the portfolios of existing clients, and executing various transactions of clients; Angel One can help you a lot in these fields.

Let’s have a look at all these aspects in detail.

Why Become Angel One Mutual Fund Distributor?

In this section, we will discuss why a person should choose to become an Angel One mutual fund advisor.

• The recognition and trust Angel One as a brand can provide you is unmatched in this Industry.
• Angel One gives you ample options if you want to grow your mutual fund business into a full-fledged investment service provider in future.
• The platforms offered to not only the distributor but to the clients are one of the best in technology.
• Angel One is also one the best discount brokers in India, so your client can have a demat and trading account at a meagre cost.
• To date, the estimates suggest that not more than 3% of the Indian population is investing in mutual funds, thus showing this sector’s tremendous growth potential.

The Angel One distributor commission plans are very beneficial for the distributors. Distributors not only get a commission on selling mutual funds, but they also get Rs.200 client acquisition fees.

On top of that, if your client opens a trading account, you will also get a commission based on their executed trades.

But, as we are discussing the mutual fund distributors, let’s look at the commission rates for selling mutual funds.

Mutual fund commission rates can depend on many factors, like the AMC, fund category, city of the client, and lumpsum or SIP.

These factors can affect the commission rates, but Angel One can generally give a commission of between 0.75% and 1.5% of your entire AUM.

Some expenses are included in Angel One mutual fund distributor costs; these must be paid by the distributor just like in any other firm.

The biggest among these is the distribution cost, a one-time fee charged by Angel One; depending on the distributorship you are going for, it can range between Rs.50,000 to Rs.1 lakh.

The NISM exam fees and the ARN registration and renewal fees are significant expenses that are mandatory for a distributor.

These are ongoing expenses because you need to renew them every three years. The NISM mutual fund distributor exam costs Rs.1500; this is not refundable, i.e., if you don’t pass the exam, you will not get it back.

The registration and renewal fees AMFI charges for ARN are around Rs.3500.

Angel One Mutual Fund Distributorship – Expected Profits & Income

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

Angel One mutual fund seller profits can vary a bit depending on various factors; the main reason is that the commission rate is not fixed and can change.

Apart from the one-time fees, there are no major compulsory yearly expenses. Thus, most of the income you make is your pure profit.

Your income depends primarily on your AUM; the more your AUM more your payment will be, as the commission is calculated annually based on your AUM.

Let’s say your average commission rate is 1%, and your AUM is Rs.1,20,000, which brings your earnings to Rs.12,000, which will be given to you as Rs.1,000 per month.

In addition to this, you also get Rs.200 for every new client you add.

Become a Mutual Fund Distributor Now!

Fill Up Your Details

Submit

Loading...

Thank you for sharing your details, We will connect with you Shortly!

Just like other features, Angel One mutual fund agent offers one of the best in the mutual fund industry for distributors. Let’s have a look at them.

• Mutual funds of all categories and all AMCs of India are available.
• You can achieve commission rates even more than 1.5% for equity funds.
• If your client chooses to open a demat account, you can have up to 50% of brokerage charges as commission.
• Advisory service is also available at no extra cost for your clients.

Angel One Mutual Fund Distributorship SWOT Analysis

Here is the detailed SWOT analysis of the Angel One Mutual Fund Distributor.

Strength

• Angel One has been in the Indian market for over a decade and is one of the companies with the most experience.
• They offer mutual funds of all categories and for every AMC in India.
• The after-sales services and support for their partners are one of the best in the Industry.
• They are one of the industry leaders regarding technology, which is visible in their platforms for users and partners.
• They are offering a wide array of investment instruments to their customers.

Weakness

• Though the sector is far from saturated, the competition is growing exponentially.
• The initial commission for someone just starting is not very lucrative.
• A distributor’s income depends significantly on market conditions; a single market crash can erode a large part of AUM.

Opportunities

• Mutual funds are still in their early stage in India. Thus, the room for growth is immense.
• Campaigns like ‘Mutual Fund Sahi Hai’ are adding to the popularity and trust of mutual funds.
• The latest technological advances have made it easy for distributors to acquire clients from all over India digitally.

Threats

• Platforms that offer direct funds without any advisor or distributor in between can impact the sale of regular funds.
• Platforms like Mutual Fund Utility managed by AMFI itself may not be popular now, but they can prove a viable alternative.
• Popularity without knowledge of mutual funds may lead young investors to make risky investments and can cause mistrust of mutual funds.

Angel One distributor support and after-sales services are one of the best in the Industry, if not the best. They provide guidance right from the start and assist you at every step of the way.

The support does not end once you learn things but is there forever.

• If you do not have an ARN at the time of registration, they provide support for getting one.
• You get a dedicated RM to assist you in your day-to-day business.
• They emphasized training new partners, and thus training support is excellent.
• They conduct regular webinars and newsletters to update you with industry events.
• Support for issues you may face in daily routine tasks is also quick and satisfactory.

Check out Business Opportunities with Similar Brands

Motilal Oswal MF Distributor

Sharekhan MF Distributor

Upstox Mutual Fund Distributor

Zerodha Mutual Fund Distributor

Groww Mutual Fund Distributor

5Paisa Mutual Fund Distributor

Espresso MF Distributor

Nuvama Mutual Fund Distributor

Religare Broking MF Distributor

Nirmal Bang MF Distributor

There are different types of office requirements for Angel One MF distributors. These office requirements are optional but can impact your business’s growth.

While others, like having a working phone connection and a stable and secure internet connection, are mandatory for all distributors.

Having a computer is very important as you must digitally handle your profile with the Angel one. The office space requirements range from 200-300 sq ft.

The Angel One mutual fund advisor dashboard is a feature-packed tool for distributors to run their businesses.

Every aspect of a mutual fund distributor business has been handled while designing the platform.

You have easy-to-use features to add clients, do their KYC, conduct research to find suitable funds, initiate investments, and initiate withdrawals.

The platform also provides tools to track prospective client leads and generate reports for yourself and your clients. You can access the platform from the official website of Angel One.

Angel One Mutual Fund Agent Login

Angel One mutual fund advisor login id and password is provided to the distributor once they have received their ARN and the registration is complete.

The login credential is very confidential, please do no share them with anyone. You need to visit the link of the distributor platform and enter your login credential to access the platform.

This is required whenever you need to take any action related to your distributor business.

From adding a lead, onboarding a client, and starting investment until the client is with you, you will need these login credentials.

Check out Business Opportunities with Similar Brands

Dhan Mutual Fund Distributor

SMC Global MF Distributor

Profitmart MF Distributor

Ventura MF Distributor

MarketWolf MF Distributor

mStock Mutual Fund Distributor

Astha Trade MF Distributor

Finvasia MF Distributor

Goodwill Wealth MF Distributor

Mastertrust MF Distributor

To become an Angel One mutual fund distributor, you must fulfil specific mandatory qualifications; then, you can follow some easy steps.

Qualifications

• Age: Should not be less than 21 years at the date of registration
• Education: Should either have passed 12th standard or 10 plus 2 years diploma.
• Certification: You need to pass the NISM VA certification exam.

Steps to Become a Distributor

• Get your ARN; Angel One can assist you with this.
• Apply online and tap on the button at the bottom of the page known as “Become a distributor”, and you will receive a call from the broker.
• You need to fill up the form and provide your details.
• Upload scanned copies of necessary documents, like Aadhar, PAN card, cancelled cheque, etc. on the website after completing the form.
• You will receive your login credentials once the registration is complete; you should expect 2 to 3 working days to do this.
• You can complete this entire process online and start getting new clients.

Become a Mutual Fund Distributor Now!

Fill Up Your Details

Submit

Loading...

Thank you for sharing your details, We will connect with you Shortly!

Angel One MF Distributor – Conclusion

Angel One MF distributor can have significant financial success. With industry-leading commission rates, the best tools, and proactive support, you will be fully prepared to launch and expand your financial business.

Additionally, your work schedule will be flexible; the more you put in, the more your profit will increase quickly.

With client onboarding, portfolio monitoring, and execution of transactions taken care of, you can use your resources to gain new clients and advise them.

FAQs on Angel One Mutual Fund Distributor

Here is the list of FAQs related to the Angel One Mutual Fund Distributorship:

How many distributors does Angel One have?

The number of Angel One distributors all over India is around 20,000.

Is Angel One Mutual Fund Agency Safe?

They are very safe and have one of the best safety standards in this sector.

What is Angel One Mutual Fund Distributor Commission?

You get a commission between 0.75% to 1.5% and a fixed amount for every new client.

How much are Angel One Distributorship Fees?

The one-time distributorship fee depends on the type of distributorship you want to start. It ranges from 50,000 to 1 lakh.

Does Angel One provide ARN Generation Support?

You can easily avail of their support for getting your ARN from AMFI.

Is Angel One a Stock Broker?

Angel One is a popular stock broker providing commodity and currency trading facilities.

Is Angel One an AMC?

Angel One is not an Asset Management Company and has no mutual fund.

Who is the founder of Angel One?

Mr. Dinesh Thakkar is the founder of Angel One.

Is Angel One registered with SEBI?

Angel One is registered with SEBI as a broker in many segments.

Does Angel One Distributor provide Direct MF Investment?

Angel One does not offer any direct plan of mutual funds through its distributor network.