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

The subsidiary of the Tata group, Tata Asset Management Ltd. (TAML), manages the Tata Mutual Fund. Established in 1994, TAML is registered with SEBI as a mutual fund.

With the company holding a track record of 29 years, it’s a renowned name to work with as Tata Mutual Fund Distributor.

Please keep reading to uncover everything about becoming the Tata Mutual Fund Seller, from its benefits to process, offers, support facilities, and much more.

Why become Tata Mutual Fund Distributor?

Knowing the perks of becoming a Tata Mutual Fund Advisor is crucial to make an informed decision. So, let’s see why to become the Tata Mutual Fund distributor:

• Tata Asset Management Ltd. offers its clients a wide array of mutual fund schemes, including equity funds, hybrid funds, fixed-income funds, and many others. Therefore, as a Tata Mutual Fund Seller, you will have much more to offer your existing and potential clients. Thus, you can earn an attractive commission.
• By working as a mutual fund distributor with Tata, you can access a technologically advanced platform, making it easier to maintain a record of your client’s portfolio and other details. Moreover, you can keep an eye on your earnings and leads.
• The fund house offers a decent commission of 1% to 2% of your clients’ total AUM. In addition, you can expect to earn an average monthly profit of Rs.69,381.

The commission is one of the crucial aspects that could influence your decision to become a mutual fund distributor with Tata.

So, let’s learn how much commission the fund house offers to its distributors or sellers. The minimum percentage of Tata Distributor Commission is 1% of the total AUM of the seller’s clients.

And 2% of AUM is the maximum commission the fund house offers its distributors. Let’s say you have 20 active clients, and their total asset under management (AUM) amounts to Rs.1.5 crore.

In such a case, your commission can vary from Rs.1.5 lakhs to Rs.3 lakhs. Furthermore, you must know you will not get any commission on client acquisition.

No matter how many clients you acquire for the Tata Mutual Fund, you are only eligible for the commission once they actively invest in the Tata Mutual Fund schemes.

While Tata allows its distributors to earn an attractive commission, you can start working only after depositing distributorship fees.

Tata Asset Management Ltd. is one of the few Indian fund houses that charge nominal distributorship fees of Rs.90,000.

And the best part is that you have to pay it once when applying for Tata MF Distributorship.

Furthermore, any Tata advisor needs to open an office and, thus, incur Tata Mutual Fund Distributor Cost as office expenses.

These monthly expenses can vary based on the facilities you provide in your office. On average, a distributor might have to pay monthly office expenses between Rs.40,000 and Rs.60,000.

Tata Mutual Fund Distributorship – Expected Profits & Income

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

Don’t be disappointed after learning about the Tata Mutual Fund distributor cost. Instead, wait for the exciting part of working as the fund house’s seller, i.e., expected income and profits.

So, let’s uncover the potential income and profits you can earn as a Tata Mutual Fund distributor. Let’s say you have managed to convince 15 clients for the lumpsum mutual fund investment.

And the average AUM for each of your clients is Rs.1,02,500. It makes the total AUM lumpsum mutual fund investment Rs.15,37,500.

Suppose your 685 active SIP clients make an average investment worth Rs.10,250. It makes the total AUM SIP mutual fund investment Rs.70,21,250.

On adding the total AUM for lumpsum investment and the total AUM for SIP investment, you will get the total AUM, i.e., Rs.85,58,750. Since the distributor’s share is approximately 1.6% of AUM, the amount will be Rs.1,28,381.25.

You acquired 30 new clients, but the fund house pays no commission. So, your total income as a distributor will be Rs.1,28,381.25.

And total estimated expenses are Rs.59,000. After subtracting total expenses from total income, you can have the distributor’s net profit, i.e., Rs.69,381.25, at a margin of 54.04%.

In short, the Tata Mutual Fund Seller Profits can fall between 50% to 60%.

Become a Mutual Fund Distributor Now!

Fill Up Your Details

Submit

Loading...

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

The following given are the Tata Mutual Fund Agent Offers.

• Tata Mutual Fund allows its agents to earn a commission of over 1%.
• The fund house asks its sellers to invest a nominal amount only when commencing the distributorship business.
• You can avail of advisor service without paying a single penny. It will help you learn how to acquire more clients and encourage them to invest in Tata mutual funds.
• Tata MF agents can offer Direct mutual fund options to their existing and potential clients.

Tata Mutual Fund Distributorship SWOT Analysis

Let’s explore the SWOT analysis of Tata Mutual Fund Distributor Network.

Strength

• The fund house asks for a nominal, one-time distributorship investment of Rs. 90,000.
• Anyone working as a Tata MF seller can get a commission ranging from 1% to 2% of AUM. Moreover, the expected profit margin is also quite attractive, i.e., 50% to 60%.
• Free advisory service is available to help agents learn how to acquire more clients.
• The Direct Mutual Fund option is facilitated to let clients invest in Tata mutual funds without middleman support.
• Tata Mutual Fund is a well-recognized name in the Indian financial market, with industry experts rating it at 8.49.

Weakness

• The fund house doesn’t offer ARN generation support.
• Tata Mutual Fund doesn’t provide PMS, derivatives, commodities, currency, and IPOs.
• Distributors don’t get any commission on increasing the fund house’s client base.

Opportunities

• Tata Mutual Fund can expand its product line by offering equity, derivatives, currency, commodity, loans, and insurance products.
• The fund house can tap into rural and semi-urban areas by educating them about mutual fund investment’s benefits.
• It can organize free webinars regularly to educate distributors about its new products or how they can acquire more clients.

Threat

• More and more people are becoming MF distributors and increasing the competition in the market.
• The falling mutual fund investment rate is due to the Indian economic slowdown and job loss.
• Mutual fund investment has a limited scope in rural and semi-urban regions.

Tata Asset Management Ltd. is an industry leader that provides top-notch Tata Distributor Support facilities to help you better run the distributorship business.

• Acquisition support aids the fund house’s sellers in pitching the potential clients in the best possible way.
• The fund house organizes product training workshops repeatedly, especially when a new mutual fund scheme is launched. During these workshops, distributors learn the features of different products and how they can benefit the clients.
• Free advisory support is available to help distributors learn how to acquire more clients.
• You can access the back-office and RM support after paying a pre-determined fee.
• With marketing support, it becomes easier for the distributors to spread product awareness and drive in more clients.

Check out Business Opportunities with Similar Brands

Bajaj Finserv MF Distributor

Motilal Oswal MF Distributor

IIFL Mutual Fund Distributor

NJ Mutual Fund Distributor

DSP Mutual Fund Distributor

Edelweiss MF Distributor

IDFC Mutual Fund Distributor

IL&FS Infra MF Distributor

Indiabulls MF Distributor

ITI Mutual Fund Distributor

As a Tata MF Distributor, you must have an office to run a distributorship business and attend to clients.

When opening the distributor office, remember to adhere to the following discussed requirements.

• Your office must be in an area of at least 200 to 300 sq. ft. Also, you must hire at least two employees to manage your clients.
• Additionally, it’s mandatory to have a laptop or computer and a mobile or telephone connection.
• Having a dealer terminal, call recording facility, and manager’s cabin is optional.
• Installing CCTVs is mandatory for every Tata MF distributor’s office.

Tata Mutual Fund is a technologically advanced Indian fund house and, thus, offers its distributors access to a high-performing platform.

To use Tata Mutual Fund Advisor Dashboard, click on the link on this page.  The robust dashboard allows the Tata Mutual Fund registered advisors to access multiple features.

These features include lead addition link, manual lead addition, lead info backend change, lead stage info, leads’ report, clients’ payment report, and more.

This dashboard will also make managing your client’s AUM and portfolios easier. Furthermore, you can also keep track of your commission and profits.

Tata Mutual Fund Agent Login

The fund house offers several investment platforms, including mobile investment app and web investment, rob advisor, thematic investment, ETF, and back office platforms.

As discussed above, for Tata Mutual Fund Advisor Login, you must be registered with the Tata Mutual Fund as a distributor.

Once registered as a distributor with Tata Mutual Fund, you will get login credentials, i.e., your username and password.

To access the platform, you must enter the credentials on the dashboard login page. Moreover, later on, you can change the password.

Check out Business Opportunities with Similar Brands

JM Financial MF Distributor

Kotak Mutual Fund Distributor

Navi Mutual Fund Distributor

PPFAS Mutual Fund Distributor

Quant Money MF Distributor

Quantum MF Distributor

Samco Mutual Fund Distributor

Shriram MF Distributor

Sundaram MF Distributor

Taurus MF Distributor

To Become Tata Mutual Fund Distributor, follow the below-listed steps.

1. First and foremost, you must enter the details asked by the below given ‘Become a Mutual Fund Distributor Now.’ form.
2. You need to fill in your name, mobile number, email id, and city and state. After filling in the details, tap the ‘Submit’ button.
3. A representative from the Tata Mutual Fund will give you a call after a few hours. During the conversation, you will learn about the further distributorship application process.
4. Submit the details and upload the documents listed by the fund house’ representative.
5. The fund house will verify the submitted details and documents.
6. Once the verification process is complete, you are registered as a Tata Mutual Fund distributor and receive the dashboard login credentials.

Become a Mutual Fund Distributor Now!

Fill Up Your Details

Submit

Loading...

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

Tata MF Distributor – Conclusion

Tata Management Asset Ltd. is a wholly-owned subsidiary of the Tata Group, a leading brand in the Indian financial market.

Running a distributorship business with Tata Mutual Fund will help you make huge profits and widen your network.

Additionally, as a Tata MF Distributor, you can access the robust platform and support of the fund house. These facilities make it easier for the distributors to run and manage their business.

FAQs on Tata Mutual Fund Distributor

Here are various FAQs on Tata Mutual Fund Distributorship.

How many distributors does Tata have?

Tata Mutual Fund’s total distribution network comprises 400+ distributors.

Is Tata Mutual Fund Agency Safe?

Tata Management Asset Ltd. is a wholly-owned subsidiary of the Tata Group, a leading brand in the Indian financial market.

In addition, it’s a SEBI-registered fund house. So, the fund house operates while adhering to SEBI regulations, making it a safe agency.

What is Tata Mutual Fund Distributor Commission?

The commission of a Tata Mutual Fund Distributor falls between 1% and 2%. Therefore, you can expect to earn a minimum of 1% commission and a maximum of 2%.

How much are Tata Distributorship Fees?

Tata distributorship investment includes one-time fees of Rs.90,000 and monthly office expenses between Rs.40,000 and Rs.60,000.

Does Tata provide ARN Generation Support?

No! Tata doesn’t provide ARN generation support.

Is Tata a Stock Broker?

No! Tata is an AMC (Asset Management Company), not a stockbroker.

Is Tata an AMC?

Yes! Tata is an AMC (Asset Management Company) providing mutual funds as its primary product offering.

Who is the founder of Tata?

Suprakash Mukhopadhyay founded Tata in 1994 and headquartered the fund house in Mumbai.

Is Tata registered with SEBI?

Yes, Tata is a SEBI-registered organization. Tata Mutual Fund was registered with SEBI in June 1995.

Does Tata Distributor provide Direct MF Investment?

Yes! Tata Distributor provides a direct mutual fund investment option to interested clients.