Becoming an Indiabulls Mutual Fund Distributor opens up exciting opportunities in the financial services realm.

This article explores the pathway to becoming a seller for Indiabulls Group’s mutual funds, highlighting the benefits, offers, and diverse range of products available to sellers.

From a reputable brand to extensive market exposure, we delve into the advantages of being an Indiabulls Mutual Fund Seller, providing valuable insights for those seeking a rewarding career in mutual fund distribution.

Type of Distributorship AMC Distributor
Total Distribution Network 1500+
Total Investment Rs.90,000 – Rs.1.2 Lakh
Distributors Commission 1% to 2% of AUM
Avg. Monthly Profit Rs.63,408
Breakeven Time 2 – 3 Months
Payout Time 30 Days

Indiabulls Mutual Fund Distributor - Company Overview

Category

Mutual Fund Distributor

Organization Type

Public

Head Office

Mumbai

Founder

Akshay Gupta

Founded In (year)

2011

Distributorship Tenure

2 years

Why become an Indiabulls Mutual Fund Distributor?

Becoming an Indiabulls Mutual Fund Advisor offers financial rewards and a platform to positively impact clients’ financial well-being while enjoying the support of a well-established financial services brand.

Read the advantages associated with becoming an Indiabulls Mutual Fund Distributor below:

  • Indiabulls is a well-established and trusted brand in the financial services industry, providing credibility to its distributors.
  • As a distributor, you get to work with various mutual fund products, allowing you to meet diverse client needs.
  • Indiabulls has a robust market presence and a large customer base, providing ample opportunities for potential leads and business growth.
  • Indiabulls offers competitive commission structures, ensuring financial rewards for successful sales performance.
  • With the growing demand for mutual fund investments, this industry has ample opportunities for personal and professional growth.

Indiabulls Mutual Fund Seller Commission

Revenue Sharing

1% to 2% of AUM

Per Client Acquisition

Zero

Indiabulls Mutual Fund Sellers enjoy revenue sharing based on the AUM they accumulate.

The Indiabulls Mutual Fund Distributor commission structure typically ranges from 1% to 2% of the AUM, allowing sellers to earn a percentage of the total investment amount managed for their clients.

However, it’s important to note that no commission is paid per client acquisition. This means sellers won’t receive a separate commission for bringing in new clients.

Instead, their earnings are linked to the AUM they manage, encouraging them to focus on growing their clients’ investments to maximise their commission potential.

Indiabulls Mutual Fund Advisor Cost or Investment

Distributorship Fees (One Time)

Rs.60,000

Office Expenses (Monthly)

Rs.30,000 - Rs.60,000

Prospective advisors are required to pay a one-time Indiabulls Mutual Fund Distributor cost of Rs.60,000.

Additionally, ongoing monthly office expenses range from Rs.30,000 to Rs.60,000. These office expenses cover various operational costs, including rent, utilities, staff salaries, and other administrative expenditures.

While the distributorship fee is a one-time investment, the monthly office expenses are essential for maintaining a professional and efficient advisory practice.

These costs should be considered while evaluating the overall financial commitment and potential returns as an Indiabulls Mutual Fund Advisor.


Indiabulls Mutual Fund Distributorship – Expected Profits & Income

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

Active Lumpsum Clients 20
Avg. AUM per Client – Lumpsum (Rs.) 93,500
Total AUM – Lumpsum (Rs.) 18,70,000
Active SIP Clients 630
Avg. AUM per Client – SIP (Rs.) 9,350
Total AUM – SIP (Rs.) 58,90,500
Total AUM (Rs.) 77,60,500
Distributor’s Share (Rs.) (1.5% of AUM) 1,16,408
New Client Acquisition 50
Client Acquisition Income (Rs.) 0
Total Distributors Income 1,16,408
Total Expenses 53,000
Distributor’s Net Profit 63,408
Net Profit Margin 54.47%
  • Indiabulls Mutual Funds has 20 active lump sum clients with an average AUM per client of Rs. 93,500, totalling Rs. 18,70,000 for lumpsum investments.
  • Additionally, they have 630 active SIP clients with an average AUM per client of Rs. 9,350, totalling Rs. 5,89,0500 for SIP investments.
  • The total AUM (lumpsum + SIP) amounts to Rs. 7,7,60,500.
  • The distributor’s earnings are 1.5% of the total AUM, resulting in Rs. 1,16,407.5.
  • Fifty new clients were acquired, but no income per client acquisition exists.
  • The distributor’s total income stands at Rs. 1,16,407.5.
  • Monthly expenses amount to Rs. 53,000.
  • The distributor’s net profit after deducting expenses is Rs. 63,407.5.
  • The net Indiabulls mutual fund seller profit margin is 54.47%, indicating a healthy return on investment for the distributor.

Indiabulls Mutual Fund Agent Offers

Commission above 1%

Yes

Zero Investment

No

Free Advisory

Yes

Direct Mutual Fund

Yes

There are several Indiabulls Mutual Fund agent offers for sellers listed below:

  • Agents can earn attractive commissions above 1% based on the Assets Under Management (AUM) they handle.
  • There might be initial costs or fees involved in setting up the distributorship.
  • Indiabulls Mutual Fund provides agents with free advisory services. This benefit allows agents to offer valuable investment advice to clients without additional costs, enhancing their value proposition.
  • Agents have access to offer Direct Mutual Funds, which allow clients to invest directly with the fund house.

Indiabulls Mutual Fund Distributor SWOT Analysis

Here is the detailed SWOT analysis for the Indiabulls Mutual fund Distributorship:

Strengths:

  • Indiabulls offers the advantage of a lower distributorship fee and manageable monthly office expenses, making it more accessible for individuals to become mutual fund distributors.
  • Being part of the Indiabulls Group provides a strong foundation for mutual fund sellers. The brand’s reputation and market presence instil confidence in distributors and clients.
  • Indiabulls offers a competitive profit margin to distributors based on the Assets Under Management (AUM), providing potential for lucrative earnings as the AUM grows.
  • Indiabulls holds an impressive overall rating of 8.39 out of 10, reflecting a positive track record, customer satisfaction, and performance, making it an attractive choice for distributors seeking a reliable partner.
  • With a breakeven time of 2-3 months, Indiabulls enables distributors to recoup their initial investment relatively swiftly, reducing financial risks and fostering profitability in a shorter time frame.

Weakness:

  • Indiabulls may charge for Relationship Manager (RM) services, which could add to the overall cost for distributors.
  • Indiabulls’ lack of commodity services may be a drawback for distributors and clients who seek a diversified investment portfolio.
  • The absence of an algorithmic trading platform may hinder distributors from offering advanced trading strategies and solutions to clients who prefer automated trading systems.

Opportunities:

  • Indiabulls mutual fund distributors can build trust and credibility by offering workshops, seminars, and educational materials, attracting new clients, and fostering long-term relationships.
  • Integrating advanced technology and digital tools into their practices can enable Indiabulls distributors to streamline operations, enhance customer experience, and stay ahead of the competition.
  • Indiabulls distributors have an opportunity to tap into the growing demand for mutual funds and attract new clients seeking reliable investment options.

Threats:

  • Frequent changes in financial regulations can increase compliance costs and create uncertainty for distributors.
  • In an increasingly digital world, distributors face the threat of cyber-attacks and data breaches.
  • During economic recessions or slowdowns, investors may become more risk-averse, leading to reduced investments in mutual funds.

Indiabulls Mutual Fund Distributor Support

ARN Generation Support

Yes

Acquisition Support

Yes

Products Training

Yes

Webinars

No

Advisory Support

Yes

RM Support

Yes, Charged

Backoffice Support

Yes

Marketing Support

Yes, Limited

Indiabulls Mutual Fund distributor support comprises assistance in obtaining the ARN, acquisition support for new clients, and comprehensive training on mutual fund products.

Distributors also benefit from advisory support to offer well-informed investment advice and back-office assistance for efficient administrative tasks.

While RM support is available, it may be chargeable, and marketing support is limited.

Overall, the distributor support package equips agents with the necessary tools and knowledge to effectively establish and grow their mutual fund distribution business.

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Indiabulls MF Distributor Office Requirement

Area in Sq. Ft.

150 - 300 Sq. Ft.

No. of Employees

Atleast 2

Dealer Terminal

Optional

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV

Optional

Reception

Optional

Managers Cabin

Optional

For becoming an Indiabulls Mutual Fund Distributor, the office requirement includes a space of 150 – 300 square feet.

At least two employees should be present to handle the operations. While features like Dealer Terminal, Call Recording, CCTV, Managers Cabin, and Reception are optional, having Mobile or Telephones and Laptops or Computers is compulsory.

These essential tools enable efficient client communication, data management, and access to mutual fund platforms.

The distributor’s office should be equipped to provide seamless services and cater to the needs of clients and employees effectively.

Indiabulls Mutual Fund Seller Dashboard Link

Web Platform

The Indiabulls Mutual Fund Advisor Dashboard is a web-based platform designed to streamline and enhance the mutual fund distribution process.

Sellers can efficiently manage client portfolios, communicate with clients, and access real-time market data for informed decision-making.

The dashboard enables seamless transaction processing, tracks sales performance, and provides valuable sales and performance analytics.

Training resources and support materials are available to empower sellers with knowledge and skills.


Indiabulls Mutual Fund Agent Login

The Indiabulls Mutual Fund Advisor Login page is a secure platform allowing authorised agents to access their accounts and efficiently manage various aspects of their mutual fund business.

Agents can oversee client portfolios, execute transactions, and stay informed with real-time market data and research reports.

Indiabulls Mutual Fund Advisor Backoffice Platform - Features

Lead Addition Link

Yes

Manual Lead Addition

No

Lead Stage Info

Yes

Lead Info Backend Change

Yes

Lead Deletion

No

Leads Report

Yes

Clients Payment Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

Yes

Auto Debit Request - SIP

Yes

Monthly Payout Report

Yes

Indiabulls MF Seller Review or Ratings by Finec.in

Overall Rating

8.39 / 10

Commission

8.45 / 10

Investment

8.29 / 10

Breakeven

8.49 / 10

Support

8.31 / 10

Experience

8.37 / 10

Indiabulls MF Advisor - Products Offered

SIP Mutual Fund

Yes

Lumpsum Mutual Fund

Yes

Direct Mutual Fund

Yes

PMS or PCG

No

Equity

Yes

Derivatives

Yes

Commodity

No

Currency

Yes

IPOs / FPOs / NCDs

Yes

ETFs

Yes

Insurance

No

Loans

No

Indiabulls Mutual Fund Distributor - Investment Platforms Offered

Mobile Investment App

Yes

Web Investment Platform

Yes

Desktop Investment Terminal

No

Algo Trading Platform

No

Robo Advisory Platform

No

Thematic Investment Platform

Yes

ETF Platform

Yes

Backoffice Platfrom

Yes

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

Age

24 Years & above

Nationality

Indian

Academic Qualification

Graduate

NISM Certificate

Yes, Mandatory

ARN Generation

Yes, Mandatory

Mentioned below is the process to become Indiabulls mutual fund distributor:

  • Look for the “Become a Mutual Fund Distributor Now!” button on this website.
  • Click on the button, fill in the required details on the form, and submit it online.
  • Expect a prompt response from the company’s staff, who will guide you through the registration process.
  • Gather essential documents, including the ARN (AMFI Registration Number) and NISM (National Institute of Securities Markets) certificate.
  • Ensure you meet the eligibility criteria of being an Indian citizen, a graduate, and at least 24 years old.
  • Fulfill any additional formalities or training prescribed by Indiabulls Mutual Fund.
  • Upon successful registration, you will receive your agent login credentials.

Indiabulls 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

Indiabulls Mutual Fund Distributor – Conclusion

Indiabulls offers a well-established brand with a track record of trust and reliability.

The streamlined registration process and strong distributor support ensure a smooth and efficient onboarding experience.

With the potential for competitive commissions and access to a diverse range of investment products, distributors can cater to a broad clientele.

Indiabulls’ commitment to continuous training and development equips distributors with the knowledge and expertise needed to excel in the dynamic mutual fund industry.

Embarking on this journey as an Indiabulls mutual fund distributor opens doors to a promising and rewarding career in the financial services sector.


FAQs on Indiabulls Mutual Fund Distributorship

Here is the list of FAQs related to the Indiabulls Mutual Fund Seller:

How extensive is the distributor network of Indiabulls?

Indiabulls has an extensive network of over 1500 distributors.

Is it safe to invest with Indiabulls Mutual Fund Agency?

Indeed, Indiabulls Mutual Fund Agency is a safe and trustworthy option.

What is the commission rate for Indiabulls Mutual Fund Distributors?

Indiabulls Mutual Fund Distributors earn a commission from 1% to 2% of the Assets Under Management (AUM).

How much are the distributorship fees for Indiabulls?

The distributorship fees for Indiabulls amount to a one-time payment of Rs. 60,000.

Does Indiabulls aid in ARN generation?

Indiabulls offers ARN Generation Support to its distributors.

Is Indiabulls primarily a stockbroker?

Yes, Indiabulls functions as a stockbroker.

Does Indiabulls function as an AMC (Asset Management Company)?

Yes, Indiabulls is an AMC (Asset Management Company) as well.

Who is the founder of Indiabulls?

Akshay Gupta founded Indiabulls.

Is Indiabulls registered with SEBI?

Yes, Indiabulls is duly registered with SEBI.

Can Indiabulls Distributor facilitate direct MF investments?

Yes, Indiabulls Distributor enables clients to make direct MF investments.


 

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