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

Become a Navi Mutual Fund Distributor Today! Navi Mutual Fund, a low-cost asset management company, offers many investment options.

Despite a new AMC of 2018, they have a strong track record in the Indian stock market. Most funds are doing well, and you can invest in the US market.

Moreover, the low expense ratio ensures more return on your investment. As a new distributor or investor, you can enjoy expertly managed funds per risk appetite and investment goals.

If you are a Navi Mutual Fund Advisor, expect a break-even point within 2-3 months. So, want to become a Navi Mutual Fund seller?

This article will reveal all necessary details and key considerations about Flipkart’s founder-led AMC company.

Why become Navi Mutual Fund Distributor?

Let’s take a closer look at the advantages you can reap as a Navi Mutual fund distributor.

• Navi offers a series of low-cost funds and fees, which means Navi Mutual fund advisors or distributors can acquire and retain new clients with light pockets.
• As a comparatively new player, Navi builds its customer-friendly solution. Distributors can assure a hassle-free service from the non-deposit NBFC.
• With a minimum investment of Rs.40,000, investors can make an impressive return of nearly Rs.60,000. Additionally, Navi Mutual has a wide-ranging distribution network of 500 outlets.
• Navi mutual fund appears new but is a trusted name in the MF industry. Its 5-year track record indicates a growth potential for clients and distributors equally.
• In addition, the fund has competitive commission rates for distributors — about 1% to 2% based on AUM. Funds growth and potential are assured by incentives based on AUM.

Undoubtedly, this section will be the most exciting part. After all, it’s all about your earnings at the end of the day.

Suppose you are considering joining the family of Navi Mutual Fund. In that case, it is essential to understand how the Navi distributor commission structure works.

Distributors play a crucial role in selling and branding mutual funds, so they are offered lucrative incentives. The fund’s offer starts from 1% to 2% of Assets Under Management.

You can make one or two lakhs if you have ten potential clients with an AUM of Rs.1,00,00,000.

To make it short, if the distributor sells the Navi fund with an AUM of Rs.100 Cr, the distributor makes Rs. one crore.

Navi permanently recognizes the powerful distributor’s contribution with attractive incentives.

Not only customer-friendly but also distributor-supportive image building is the aim of Navi mutual fund. Moreover, it encourages mutually beneficial relationships.

Navi Mutual fund distributor costs include initial charges like a one-time distribution cost of Rs.40,000. The fees include training and essential promotional support.

It is a rewarding opportunity with a monthly income of nearly Rs.60,000. Aiming to empower financial advisors, Navi opens the distributorship for all pockets.

Additionally, becoming a distributor requires an infrastructure cost of Rs.40,000. However, it fluctuates depending on Tier I or Tier II cities.

The Sachin Bansal and Ankit Agarwal owned company Navi wants to ensure low-cost entry to empower the initial network of independent advisors.

So, be your boss and join the most promising mutual fund network.

Navi Mutual Fund Distributorship – Expected Profits & Income

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

If you have achieved a clear concept about investment and incentive margins, let’s check how much profit you can make from the entire process.

With 15 active clients and an average investment of Rs.91,500, your AUM is Rs.13,72,500. If you add 820 SIP clients on board and ensure Rs.9,150 from each of them, your AUM under SIP investment is Rs.75,03,000.

So, your total AUM is now Rs.88,75,500. At an average commission of 1.5%, you could touch a monthly share of Rs.1,10,943.

Now consider that the monthly expense is Rs.51,000, and the distributor’s net profit is Rs.59,943. So, it is resulting in a gain of 54%.

Hence, a Navi Mutual Fund seller’s monthly profit could touch 50% to 60 %.

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Navi Mutual Fund Agent Program has some lucrative offers that go to distributors. For bringing each investment or fund selling, the distributors earn a lucrative incentive between 1% to 2%.

The fund agencies can get training and primary marketing facility after confirming the distributor fee.

However, verifying from the AMC before the investment is good as revised norms may differ the offer.

Navi Mutual’s research body helps you with recent market trends and the right direction. The advisory body allows you to become a market-ready professional.

Navi Mutual Fund Distributorship SWOT Analysis

Check out the SWOT Analysis on Navi Mutual Fund Distributor.

Strength

• It is backed by strong leaders like online retail giant Flipkart’s Sachin Bansal and banking giant BoA’s Ankit Aggarwal.
• Low-cost investments open doors for both clients and distributors
• Rapid market acquisition(within five years) indicates potential.
• A strong distribution network to support investors makes the distributor’s job easy.
• Owners mighty brand name while selling the funds

Weakness

• A comparatively new entry in the market, facing a challenge from market leaders
• Fixed to limited product, lack of product diversification ( except loan segment)
• Some users face errors in the new App, and distributors become answerable.

Opportunities

• The mutual fund industry has expanded and doubled in the last six years, and a growing market is always hopeful for new players.
• Growing financial literacy in India
• Expanding product portfolio helps to join diversified investors.

Threat

• Established players with decade-old brand names are challenges.
• The maximum market is untapped in rural or small towns.
• Foreign investments raised questions about domestic acquisitions.

Navi always encourages and supports distributors variously. So, let’s look at Navi Mutual funds support for distributors.

• Navi assists distributors with Authorized Representative Number or ARN number, which helps to regulate all transactions. In addition, it also keeps them alert about regulatory parameters.
• There is no record of regular webinars, but Navi provides a dedicated team of relationship managers. Moreover, it assigns a marketing and sales support team for a limited portion.
• Its distributor-friendly platforms ensure a smooth experience. Apart from this, Navi Mutual provides free training for all. The training curriculum contains product-related information and the best advice to convince clients.
• Navi Mutual keeps its distributors at an advanced level with back-office assistance and other support services.

In summary, the Navy always ensures full-force support so a newbie can feel comfortable.

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As the company targets to cater to more markets with a strong distribution network, a Navi MF distributor can use more than a hefty investment in infra or office setups.

There is a mandatory requirement for a physical office. However, the MF house encourages you to have a minimum of 100 to 200 sq ft office space.

Distributors need a mobile or phone number to generate new clients and to receive their queries. A computer or laptop is required to continue the day-to-day operation.

Keeping at least two employees is advised, but you can avoid this option. Finally, your reputation and networking is the key to success.

Always try to maintain a good brand name and involve yourself in spreading the financial literacy programme.

Navi Mutual Fund Advisor Dashboard is an app-based platform. So, click the above link to download the platform.

The advisor’s dashboard help to regulate daily operation, earning and account, and total assets under management (AUM).

In addition, sellers can view clients’ current holdings, investments and trends. The dashboard includes some fund performance matrices of different mutual fund schemes.

It helps to understand the profit opportunity and recommend potential funds. You will get a username and password after submitting the distribution fee and other details.

Use it while logging in through the seller’s dashboard. The dashboard generates sales reports and incentive reports.

Moreover, you can regulate the commission rate. If you want any advanced tool to support your journey, kindly contact RM before joining.

Navi Mutual Fund Agent Login

To get Navi Mutual Fund Advisor Login.

1. Visit the web page or App with your login credentials. You will get a username and password after submitting of distribution fees.
2. Start the journey by going to the ‘agent login’ section.
3. Contact the back-office support team if you encounter issues logging in or starting the business.

Advisors can use manual lead generation and contact details of clients. They are responsible for client activation, portfolio, and payment reports.

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To become a Navi Mutual Fund distributor, you must meet the following eligibility criteria.

• Firstly, an agent must be at least 24 years old and Indian
• Additionally, a graduate degree is necessary from any recognised university
• A valid NISM (National Institute of Securities Markets) certificate is required
• Apart from this, you must own a SEBI’s ARN number.

If you have fulfilled all eligibility criteria, fill out the distributor form with your name, id, email and mobile phone.

The RM will call you for confirmation and verification of documents. You will get the user’s id and password. However, you can start after paying the distributor fees.

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Navi MF Distributor – Conclusion

The Indian Mutual Fund industry’s average AUM has reached an impressive amount of Rs.44.82 Trillion.

This prospering industry has experienced remarkable growth, enjoying a CAGR of 17.5%! This robust growth makes it one of the fastest-growing markets globally.

Becoming a NAVI MF distributor is undoubtedly a promising opportunity amid this growth stage.

With the support of Navi’s proper training, distributors can quickly scan investors buying behavior and requirements.

The firm already has a massive AUM of Rs.2910 Cr from 8,25,000 investors with a single product!

So, being a Navi MF Distributor opens the door to a rewarding opportunity career in the mutual fund space; grab it now!

FAQs on Navi Mutual Fund Advisor

Here are various FAQs related to Navi Mutual Fund Agency.

How many distributors does Navi Mutual Fund have?

As of 2024, Navi Mutual Fund, the promising MF of India, has 530 distributors in India. It includes individual and distributor firms.

Is Navi Mutual Fund Agency Safe?

Yes, Navi is a registered investment advisor under the watchdog SEBI. The wholly-owned subsidiary of Navi is cash-rich with heavy investment from founding members that is Rs.4,000cr!

Navi is also a member of AMFI, the self-regulatory body.

What is Navi Mutual Fund Distributor Commission?

Depending on the distributors’ contribution, the incentive depends on 1% to 2%. The commission is paid as a percentage of AUM.

For example, if the rate is 1% and you make an AUM of Rs.1 lakh, your share Rs.1,000.

How much are Navi Mutual fund Distributorship Fees?

The Navi Mutual Fund distributorship fee is Rs.40,000. As of April 2022, the price is non-refundable, but you can get the latest update from RM.

The fees include essential marketing, promotion and training programme. You must have a NISM certificate and ARN number before joining.

Does Navi provide ARN Generation Support?

Yes, they provide support. You can apply for an ARN number from SEBI via Navi’s assistance. Some AMC companies also offer the option to use via their website.

However, you may need NISM and PAN numbers to use.

Is Navi Mutual Fund a Stock Broker?

No, as of RBI and SEBI, Navi is an AMC and NBFC company.

Is Navi Mutual Fund an AMC?

Yes, Navi Mutual Fund is an asset management company registered with SEBI. The AMC provides a range of mutual funds and equity funds to investors.

Who is the founder of Navi Mutual Fund?

Flipkart’s Sachin Bansal and Deutsche Bank’s Ankit Agarwal is the founder. As per the website, they invested Rs.4000 cr in the firm.

Is Navi Mutual Fund registered with SEBI?

Yes, Navi Mutual Fund has SEBI registration. You can contact SEBI or AMFI for any concerns.

Does Navi Distributor provide Direct MF Investment?

Navi mutual fund, formerly Essel Mutual Fund, provides direct MF to clients for investment.