A Franklin Templeton Mutual Fund Distributor has been a popular name in selling Mutual Funds to people for a long time.
The company has an extensive network of over 500 distributors, making fantastic investment opportunities available.
The best part is that these partners also make money by getting a commission of 1% to 2% from the total capital they manage for their customers.
It takes them about 2 to 3 months to cover their initial costs and start making a profit.
Franklin Templeton Mutual Fund Seller incurs some expenses that we will discuss in this article. Read on to learn more.
Type of Distributorship | AMC Distributor |
Total Distribution Network | 500+ |
Total Investment | Rs.1.2 Lakh – Rs.1.4 Lakh |
Distributors Commission | 1% to 2% of AUM |
Avg. Monthly Profit | Rs.58,268 |
Breakeven Time | 2 – 3 Months |
Payout Time | 30 Days |
Franklin Templeton Mutual Fund Distributor - Company Overview
Category
Organization Type
Head Office
Founder
Founded In (year)
Distributorship Tenure
Why become a Franklin Templeton Mutual Fund Distributor?
Becoming a Franklin Templeton Mutual Fund Advisor can be a wise choice!
- First, you join a family of over 500 small distribution networks. This means you won’t be alone in this exciting journey!
- The best thing is that you earn a 1% to 2% commission on every penny people invest with you! So, the more people trust you with their money, the more you earn!
- And guess what? You don’t have to wait forever to start making profits; it usually takes only 2 to 3 months to cover your initial costs.
- Plus, you get paid in just 30 days. This ensures the continuity of business operations.
- If you like helping people grow their money while earning some for yourself, becoming a Franklin Templeton Mutual Fund Distributor might be your path to success!
Franklin Templeton Mutual Fund Seller Commission
Revenue Sharing
Per Client Acquisition
Franklin Templeton pays a commission to the sellers who help them attract prospective MF investors. This commission is like a thank-you payment for the sellers’ hard work.
Franklin Templeton distributor commissions are usually between 1% and 2% of the total amount of money people have invested, called AUM.
So, if someone supports $100, the seller may get $1 to $2 as a commission. If we talk about rating, Franklin Templeton has a good rating of 8.47 out of 10 for how well they pay this commission to MF sellers.
However, most sellers like it because they can earn more than 1% if they do a great job selling the mutual funds. But don’t worry; this commission costs nothing extra to those who invest.
Franklin Templeton Mutual Fund Advisor Cost or Investment
Distributorship Fees (One Time)
Office Expenses (Monthly)
You must be curious about the Franklin Templeton Mutual Fund Distributor Cost aside payouts because you ought to make a well-informed decision. So, we are breaking it down in an easy way.
When someone wants to become an agent, they pay a one-time fee of Rs.80,000 to join the club. Then, every month, they have to spend around Rs.40,000 to Rs.60,000 on office stuff like bills and supplies.
When you join a fantastic club, you pay a little to be part of it, and then you need some pocket money every month to keep things running smoothly.
Some office stuff falls under the category of fixed costs, and there’s no way to avoid them.
Franklin Templeton Mutual Fund Distributorship – Expected Profits & Income
The table below shows expected profits, AUMs & Income that you can make, if you become Franklin Templeton MF Advisor.
Active Lumpsum Clients | 15 |
Avg. AUM per Client – Lumpsum (Rs.) | 98,500 |
Total AUM – Lumpsum (Rs.) | 14,77,500 |
Active SIP Clients | 620 |
Avg. AUM per Client – SIP (Rs.) | 9,850 |
Total AUM – SIP (Rs.) | 61,07,000 |
Total AUM (Rs.) | 75,84,500 |
Distributor’s Share (Rs.) (1.5% of AUM) | 1,13,768 |
New Client Acquisition | 30 |
Client Acquisition Income (Rs.) | 0 |
Total Distributors Income | 1,13,768 |
Total Expenses | 55,500 |
Distributor’s Net Profit | 58,268 |
Net Profit Margin | 51.22% |
So, imagine you’re like a shopkeeper for Franklin Templeton Mutual Fund. You have 15 customers who invest a bunch of money at once and 620 customers who support regularly (we call it SIP).
All the money your customers put together is around Rs.75,84,500. For doing this job, you get a share, and it’s 1.5% of all the money they invest, which comes out to be Rs.1,13,767.5.
But wait, there are some expenses you have to pay, like shop rent, bills, and other stuff. That’s around Rs.55,500. So, after spending all those bills, you’re left with a profit of Rs.58,267.5.
That’s a good profit. It means you get to keep more than half of the money you made! That’s how Franklin Templeton mutual fund sellers’ profits come in, and you make some nice money!
Franklin Templeton Mutual Fund Agent Offers
Commission above 1%
Zero Investment
Free Advisory
Direct Mutual Fund
Franklin Templeton Mutual Fund has some fantastic offers from their agents! Firstly, these agents can get a commission that’s even more than 1%!
But the free advice to help you with your investments is one of the best Franklin Templeton Mutual Fund Agent Offers! Aside from this, they have something interesting: direct mutual funds!
This eliminates all the hassles you often encounter as an agent. If we discuss the products, the agent’s clients can invest in SIP mutual funds, Direct mutual funds, ETFs, and lump sum MF.
Franklin Templeton Mutual Fund Distributorship SWOT Analysis
Here is the detailed SWOT analysis of Franklin Templeton Mutual Fund Distributor.
Strength
- They have an extensive network of distributors (500+), meaning they are well-connected and can reach many people.
- The average monthly profit of existing partners is impressive, making them financially strong.
- They offer support and training to their distributors, helping them succeed and encouraging more people to reach them.
- The breakeven time is quick, meaning distributors can start making money in just a few months.
- Most notably, the company has been operational since 1947 and knows much about the business.
Weakness
- Their office expenses can be high (around Rs. 40,000 to Rs. 60,000 per month), which may affect the profits.
- They need ARN generation support, which might make it harder for some distributors to get started.
- Also, they don’t offer webinars, which could be a valuable way to educate their distributors.
Opportunities
- They can grow their distribution network even more by attracting new sellers to join them. This could make their business even bigger and better.
- Since they have an excellent average monthly profit, they might consider expanding their product offerings to attract more customers and increase their earnings.
- Moreover, they could also look into offering more marketing support to their distributors, helping them reach even more people.
Threat
- The competition in the mutual fund market is fierce, so they must stay on top of their game to beat their rivals.
- If their office expenses keep increasing, it might hurt the profits in the long run.
- They should be careful to pay attention to the importance of webinars and other modern tools, as it might put them at a disadvantage compared to other companies.
Franklin Templeton Mutual Fund Distributor Support
ARN Generation Support
Acquisition Support
Products Training
Webinars
Advisory Support
RM Support
Backoffice Support
Marketing Support
The Franklin Templeton Distributor Support team is like a true friend for people who sell their Mutual funds—at least at most intervals.
- First, they teach the sellers about their products, but they need to use webinars.
- Besides, Franklin Templeton supports the sellers with an exceptional team called RM Support, but that one is paid.
- They even help with the paperwork and other office stuff. And yes, they give some help with marketing, but only a little.
- Product training, advisory support, and back-office support are available too.
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Franklin Templeton MF Distributor Office Requirement
Area in Sq. Ft.
No. of Employees
Dealer Terminal
Mobile or Telephones
Call Recording
Laptops or Computers
CCTV
Reception
Managers Cabin
So, imagine you want to open an office for Franklin Templeton MF Distributor. Now, let’s see what you’ll need!
- First, find a place that’s about 200–250 sq. Ft. You’ll need at least two people to work with you as your employees, so it’s more fun and efficient!
- Make sure you all have mobile phones or telephones to interact with others easily.
- Next, you can have a particular computer or laptop for each team member to handle operations digitally!
- To keep everything safe, have a CCTV camera in your office, just like a magic eye that watches over your office when you’re not around.
- Lastly, you can make the office look friendly and cosy by adding a lovely reception area where visitors can feel welcome, just like when your friends come to your house.
And there you go! That’s what you’ll need to set up an excellent Franklin Templeton MF Distributor office.
Franklin Templeton Mutual Fund Seller Dashboard Link
Web Platform
If you’re an advisor or seller working with Franklin Templeton Mutual Fund, the excellent platform, the Franklin Templeton Mutual Fund Advisor Dashboard, must be your first place to check out.
After all, this is where you can keep track of all your mutual fund magic! To visit this excellent dashboard, click on the unique link in this review.
Grab your mouse or tap the screen, and let the adventure begin! Keep track of your funds, make wise decisions, and let the money magic flow!
Franklin Templeton Mutual Fund Agent Login
Unlike other MF seller platforms, the Franklin Templeton Mutual Fund Advisor login process is similar to basic sign-up form filling.
Yet, the process varies for an Individual investor, a financial professional, and a back-office professional.
Details obtained from each individual can have a particular variety and be accepted for diverse purposes.
So, while signing up for the Franklin Templeton Mutual Fund agent account, ensure you are confident of what has been asked and your role.
Franklin Templeton 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
Franklin Templeton MF Seller Review or Ratings by Finec.in
Overall Rating
Commission
Investment
Breakeven
Support
Experience
Franklin Templeton MF Advisor - Products Offered
SIP Mutual Fund
Lumpsum Mutual Fund
Direct Mutual Fund
PMS or PCG
Equity
Derivatives
Commodity
Currency
IPOs / FPOs / NCDs
ETFs
Insurance
Loans
Franklin Templeton 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 Franklin Templeton Mutual Fund Agent? - Eligibility Criteria
Age
Nationality
Academic Qualification
NISM Certificate
ARN Generation
Here is the step-by-step process to become a MF Agent of Franklin Templeton.
- If you’re a person who’s 24 years of age or older, Indian and have completed your graduation, then you can become a seller for Franklin Templeton Mutual Fund.
- But wait, you must have a NISM Certificate—don’t worry, it’s like a badge to show you know about selling mutual funds.
- ARN generation is, however, mandatory for an aspiring mutual fund seller, and that’s an essential requirement here in this journey to become a Franklin Templeton Mutual Fund Distributor.
Once you comply with all these essential criteria, head straight to the login process to start online investing.
Franklin Templeton MF Distributor - Documents Required
Distributorship Agreement
Identity Proof - Aadhaar
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque
Franklin Templeton MF Distributor: Conclusion
Franklin Templeton is like a significant yet small team of 500+ MF sellers that sells mutual funds to people, and they want more sellers to join their team.
They’ve been doing this since way back in 1947! If you want to join them, you’ll need a small office, at least two employees, and some money to invest, around Rs.1.2 to Rs.1.4 lakh rupees.
Once you become a seller, they’ll give you 1% to 2% of the money you manage, and you can make around Rs.58,268 every month.
It takes about 2 to 3 months to start making profits, and you’ll get your money within 30 days if you sell lots of mutual funds.
So, if you love marketing and want to be part of a big fund family, the Franklin Templeton MF Distributor Network is the place for you!
Franklin Templeton MF Distributor: FAQs
Here are the FAQs listed for the Franklin Templeton MF Distributor:
How many distributors does Franklin Templeton have?
The distribution network for DSP Templeton MF distributor is more than 500. However, the actual number is yet to be revealed.
Is Franklin Templeton Mutual Fund Agency Safe?
The mutual fund was founded in 1947, and investing your money in them is pretty safe. But all mutual fund investments are prone to market risks, so invest your money wisely.
What is the Franklin Templeton Mutual Fund Commission?
The distributors working with Franklin Templeton Mutual fund earn a commission of 1% to 2% of the AUM.
How much are Franklin Templeton Mutual Fund Distributorship Fees?
The upfront fee for Franklin Templeton Mutual fund distributions is 80,000 INR. Apart from these expenses, there are daily office expenses too.
Does Franklin Templeton provide ARN Generation Support?
No, Franklin Templeton does not provide ARN Generation support to the distributors.
Is Franklin Templeton a Stock Broker?
No, Franklin Templeton is not a stockbroker. It is an asset management company.
Is Franklin Templeton an AMC?
Franklin Templeton is an Asset Management company that manages the investor’s money.
Who is the founder of Franklin Templeton?
The founder of Franklin Templeton is Rupert H. Johnson, who started the organisation in 1947.
Is Franklin Templeton registered with SEBI?
Yes, Franklin Templeton is registered with SEBI, the governing body in India and handles all the activities of investments across the country.
Does the Franklin Templeton Distributor provide Direct MF Investment?
Yes, Direct MF investment is provided by the Franklin Templeton distributors.