DSP is a famous firm that sells mutual funds to people. They have an extensive network of over 1,000 distributors who work closely with the brand.

But these distributors also earn a reward of 1% to 2% of the total amount invested by their clients in the mutual funds. On average, they make around Rs.72,300 in profit every month.

Besides, it takes DSP Mutual Fund Sellers about 2 to 3 months to cover their initial costs and start making a profit. Once they make money, they receive their payout within 30 days.

More information is covered in this review if you also aspire to be a DSP Mutual Fund Distributor.

Type of Distributorship AMC Distributor
Total Distribution Network 1000+
Total Investment Rs.1.4 Lakh – Rs.1.6 Lakh
Distributors Commission 1% to 2% of AUM
Avg. Monthly Profit Rs.72,300
Breakeven Time 2 – 3 Months
Payout Time 30 Days

DSP Mutual Fund Distributor - Company Overview


Mutual Fund Distributor

Organization Type


Head Office



Kalpen Parekh

Founded In (year)


Distributorship Tenure

2 years

Why become a DSP Mutual Fund Distributor?

Do you want to know why someone would become a DSP Mutual Fund Advisor? Firstly, they can earn money by helping people invest in mutual funds.

  • DSP is a popular company that has been around since 1975, so it’s a trusted brand.
  • When the distributor or agent brings in new investors and puts money into mutual funds, the agent gets a commission of 1% to 2% of the total investment. Certainly, attractive!
  • The best part is that the agent doesn’t need to pay anything to get clients; they don’t have to spend money to find new investors. Client acquisition costs are zero!
  • On average, agents can make around Rs. 72,300 per month and cover their initial investment (breakeven) in just 2 to 3 months.
  • The distributorship lasts two years, and they keep earning commissions from the people they helped invest. Also, they get paid every 30 days, so they don’t have to wait too long to receive their earnings.

DSP Mutual Fund Seller Commission

Revenue Sharing

1% to 2% of AUM

Per Client Acquisition


Imagine you have some money, let’s say around Rs. 1.4 to 1.6 Lakh, and you want to invest it to make extra bucks. Here comes the DSP Mutual Fund.

When you invest in the MF distributor network of the brand as a certified agent, you reserve a right to the DSP Distributor Commission.

So far, the existing 1000 network members of the broker get about 1% to 2% of the total invested amount, which is called the AUM.

If you put in Rs.1 lakh as an MF seller or agent, you might get Rs.1,000 to Rs.2,000 as a reward. But don’t worry; this commission can go even higher.

The good thing is that the seller doesn’t have to spend any money, so profit starts from the first day of attracting potential clients.

On average, MF sellers make about Rs.72,300 monthly from helping people as they invest in mutual funds.

DSP Mutual Fund Advisor Cost or Investment

Distributorship Fees (One Time)

Rs.1 lakh

Office Expenses (Monthly)

Rs.40,000 - Rs.60,000

The cost of being a DSP Mutual Fund Advisor, who assists with investment decisions in these funds, amounts to approximately Rs.1 lakh as a one-time fee.

Additionally, the advisor incurs monthly office expenses, ranging from Rs.40,000 to Rs.60,000.

These DSP Mutual Fund Distributor Costs cover the running costs of the office and the services agents provide, helping people make informed decisions about investing in mutual funds.

As an MF fund advisor, you work as a financial guide to help people make investment choices in Mutual Funds.

If you can build good links with your new clients, you can undoubtedly recover this cost within a few weeks or months.

DSP Mutual Fund Distributorship – Expected Profits & Income

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

Active Lumpsum Clients 15
Avg. AUM per Client – Lumpsum (Rs.) 1,05,000
Total AUM – Lumpsum (Rs.) 15,75,000
Active SIP Clients 690
Avg. AUM per Client – SIP (Rs.) 10,500
Total AUM – SIP (Rs.) 72,45,000
Total AUM (Rs.) 88,20,000
Distributor’s Share (Rs.) (1% of AUM) 1,32,300
New Client Acquisition 30
Client Acquisition Income (Rs.) 0
Total Distributors Income 1,32,300
Total Expenses 60,000
Distributor’s Net Profit 72,300
Net Profit Margin 54.65%

If you become a DSP Mutual Fund seller with 15 clients who invest money simultaneously (Lumpsum), you can expect to make some profits.

Let’s assume, on average, that each client will invest around Rs.1,05,000. So, all your clients’ investments will be around Rs.1,5,75,000.

As a seller, you’ll get a share of these investments, 1.5% of the total amount. In figure form, that would be Rs.1,32,300.

But remember, you’ll have some expenses too, like running your business, which amounts to Rs.60,000. Your actual profit would be Rs.72,300 after deducting the expenses.

That’s a good income! Because it shows a profit margin of 54.65%. Just be careful with your expenses to keep your profits high!

DSP Mutual Fund Agent Offers

Commission above 1%


Zero Investment


Free Advisory


Direct Mutual Fund


If you want to learn about DSP Mutual Fund Agent Offers, here’s what you need to know:

  • Firstly, as an agent, you can earn extra bucks—more than 1%—when you bring some good clients to DSP Mutual Funds.
  • Secondly, you don’t have to pay anything to get advice from the agent. They’ll guide you without charge.
  • The broker provides Direct Mutual fund schemes, which means you can feel relaxed and access peace of mind.
  • But there’s a twist: you can’t start investing without any money. To be one of the DSP MF agents, you ought to have some money to get started.

DSP Mutual Fund Distributor Support

ARN Generation Support


Acquisition Support


Products Training




Advisory Support


RM Support

Yes, Free

Backoffice Support


Marketing Support

Yes, Limited

DSP Mutual Fund Distributor SWOT Analysis

Here is the detailed SWOT analysis for DSP Mutual Fund Distributorship:


  • DSP has been operating since 1975, carving a trust-worthy place in the industry.
  • The broker has 1000+ agents in its network, which is good enough to engage more customers.
  • A 1% and 2% commission rate is fair enough to retain agents.
  • Also, the MF company gets a 9.3 out of 10 rating for its timely advice and support to its partners, a strong indicator of its robust network.
  • The company accepts only certified MF distributors, adding more strength to its network game.


  • The company is not very popular, indicating a weak spot.
  • DSP MF doesn’t provide ARN generation support.
  • Securing monthly expenses might force some agents to leave.


  • DSP has been operating since 1975, and by capitalising on marketing, it can grow more.
  • Launching webinars can trigger a sense of motivation among its agents.
  • By reducing fixed costs, agent retention might improve.


  • DSP still has a small network of agents, while competitors have more.
  • A drop in the MF market might stop investors from MF investing.
  • The seller is less active in marketing itself.

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DSP MF Distributor Office Requirement

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Atleast 2

Dealer Terminal


Mobile or Telephones


Call Recording


Laptops or Computers






Managers Cabin


DSP Distributor Support is like having a helpful friend who supports people who sell their mutual funds.

They help the sellers with many things! Firstly, they help them get new customers, teach them about their products, and give advice.

They also handle all the essential paperwork and ensure everything is in order. Similarly, agents can also get help with some advertising, but only a little.

And guess what? All this support is given for free! So, if you want to sell DSP Mutual Funds, they’ll help you every step of the way!

DSP Mutual Fund Seller Dashboard Link

Web Platform

To set up a DSP MF distributor office, you’ll need a small space between 200 and 300 square feet, like a room. At least two people will be hired on duty.

They must have computers or laptops to do their job. Also, they need mobile phones or telephones to stay in touch with customers you bring in.

Having a dealer terminal is a must. DSP agents can assist you with that. It’s a good idea to have CCTV cameras for safety reasons.

Call recording can be done, but it’s optional. Having a reception area and a manager’s cabin is optional. However, a few things are options.

But a laptop, a telephone, and good Wi-Fi connectivity are must-haves.

DSP Mutual Fund Advisor Backoffice Platform - Features

Lead Addition Link


Manual Lead Addition


Lead Stage Info


Lead Info Backend Change


Lead Deletion


Leads Report


Clients Payment Report


Clients Activation Report


Clients Portfolio Report


Auto Debit Request - SIP


Monthly Payout Report


person who qualifies as a mutual fund distributor who sells these funds. If you’ve been here before, type in your ARN to sign in.

But if you are new, you should also give them your PAN and bank account details. Later, you will manage all your MF activities here at the DSP Mutual Fund Advisor Dashboard.

DSP Mutual Fund Agent Login

To be a DSP Mutual Fund Agent, you must first generate a DSP Mutual Fund Advisor login.

Once you log in, you’ll enter an interface where you can do all your agent stuff, like helping people invest their money in mutual funds.

Remember that your login details include your ARN code and application reference number. You can get the ARN code from the CAMS website or the nearest CAMS branch.

After receiving your ARN code, you will use it as a login parameter in the DSP MF Agent’s dashboard.

DSP MF Seller Review or Ratings by Finec.in

Overall Rating

9.31 / 10


9.37 / 10


9.23 / 10


9.35 / 10


9.27 / 10


9.27 / 10

DSP MF Advisor - Products Offered

SIP Mutual Fund


Lumpsum Mutual Fund


Direct Mutual Fund












IPOs / FPOs / NCDs








DSP Mutual Fund Distributor - Investment Platforms Offered

Mobile Investment App


Web Investment Platform


Desktop Investment Terminal


Algo Trading Platform


Robo Advisory Platform


Thematic Investment Platform


ETF Platform


Backoffice Platfrom


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How to Become a DSP Mutual Fund Agent? - Eligibility Criteria


24 Years & above



Academic Qualification


NISM Certificate

Yes, Mandatory

ARN Generation

Yes, Mandatory

To become a DSP Mutual Fund Distributor, you need to follow these simple steps:

  1. First of all, you should be old enough. It would help if you were at least 24 years old.
  2. Secondly, you must be a citizen of India.
  3. Also, your academic status is checked. You need to have completed your graduation (that means finishing college).
  4. Most importantly, you must get a certificate called the NISM.
  5. It would help to have your ARN agent code ready for the sign-up.
  6. Apply to DSP Mutual Fund, and they’ll check your details. If everything is okay, you become their agent.

DSP MF Distributor - Documents Required

Distributorship Agreement


Identity Proof - Aadhaar


Address Proof - Aadhaar / Rental Agreement




Passport Size Photo


Bank Account Details


Bank Cancelled Cheque


DSP MF Distributor – Conclusion

Becoming a DSP MF distributor can be a good move for anyone interested in investing and financial matters.

As a distributor, you’ll work with a big MF company and help them reach out to many people who want to invest their money wisely in MF schemes.

You don’t need much money to start this business; just around Rs.1.4 to Rs.1.6 lakh is enough.

According to the company, you can start making a profit in 2 to 3 months, and the company will pay you within 30 days. They’ll also provide support and training to help you succeed.

Remember that you’ll need to spend some money on office expenses each month, around Rs.40,000 to Rs.60,000. But in the end, it would be a great experience.

FAQs on DSP Mutual Fund Distributorship

Here is the list of FAQs related to the DSF Mutual Fund Distributor:

How many distributors does DSP have?

DSP is a Mutual Fund company that helps people invest their money wisely in diverse MF domains. They have more than 1,000 distributors who work with them to reach customers all over India.

Is DSP Mutual Fund Agency Safe?

DSP is a safe company. The MF Company has been operating since 1975. But remember, all investments have some risks. So, invest wisely.

What is the DSP Mutual Fund Distributor Commission?

The distributors who work with DSP get an attractive payout of 1% to 2% of the money they help customers invest via the DSP mutual fund platform.

How much are DSP Distributorship Fees?

If someone wants to become a distributor with DSP, they need to pay a one-time fee of Rs. 1 lakh. Aside from this upfront, fixed office expenses are also there.

Does DSP provide ARN Generation Support?

Unfortunately, you do it yourself. DSP supports its distributors by helping them generate ARNs (a registration number exclusive to MF certification) so they can legally sell mutual funds.

Is DSP a Stock Broker?

DSP is not a stockbroker. It is an asset management company primarily focusing on helping people with mutual fund investing.

Is DSP an AMC?

Yes, DSP is an AMC (Asset Management Company), which means they manage and take care of the money invested by people.

Who is the founder of DSP?

The founder of DSP is Kalpen Parekh, who started the company in 1975.

Is DSP registered with SEBI?

Yes, DSP is registered with SEBI (Securities and Exchange Board of India), India’s reputed government body that oversees all activities in the investment market.

Does the DSP Distributor provide Direct MF Investment?

Yes, DSP Distributor allows people to invest directly in mutual funds. Even as a DSP agent, your involvement is usually limited to advertising parts.


Customer ratings and reviews of DSP Mutual Fund Distributor

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