If becoming a mutual fund distributor is your goal, opting for Zerodha mutual fund distributor program could be an excellent choice.

Becoming a Zerodha mutual fund seller gives you access to unique and beneficial features and competitive and beneficial commissions.

Zerodha makes the paperwork and transactions seamless so that you can concentrate on client acquisition and growing your business.

This article will discuss the costs you need to bear, the features and offers you get, and the prospective income you can generate.

Type of Distributorship Sub Broker
Total Distribution Network 5000+
Total Investment Rs.11,000 – Rs.36,000
Distributors Commission 0.75% to 1.5% of AUM
Avg. Monthly Profit Rs.75,700
Breakeven Time 1 – 2 months
Payout Time 30 Days

Zerodha Mutual Fund Distributor - Company Overview


Mutual Fund Distributor

Organization Type


Head Office



Nithin Kamath

Founded In (year)


Distributorship Tenure


Why Become Zerodha Mutual Fund Distributor?

Becoming a Zerodha mutual fund advisor benefits you from being associated with one of India’s most popular brokerage companies.

  • You get associated with a well-recognized and well-respected brand. This generates trust among prospective clients, increasing your business prospect.
  • You have a flexible work schedule, and the more work you put into your distributor business, the more your profit will increase.
  • Zerodha provides support before you get your ARN and throughout generating leads, client acquisition, and after-sales support.
  • You can also offer your client a demat and trading account; the demat account has impressive features and is one of India’s best discount broker accounts.
  • Although mutual investment has grown significantly in India recently, many people still need to invest in mutual funds. Thus this sector still has considerable growth potential.

Zerodha Mutual Fund Seller Commission

Revenue Sharing

0.75% to 1.5% of AUM

Per Client Acquisition


Zerodha distributor commissions are handsome and have some of the best commission rates in the industry.

The mutual fund AMCs pay the commission for distributing the funds; the commission rate varies depending on the type of mutual fund.

The commission also depends on the amount of money invested and the total Asset Under Management of the distributor.

This commission is deducted from the expense ratio. The commission also depends on the city where you sell the mutual fund; the rate differs in Top-30 other towns and cities.

Zerodha’s commission can vary between 0.75% to 1.5% of AUM.

Zerodha Mutual Fund Advisor Cost or Investment

Distributorship Fees (One Time)


Office Expenses (Monthly)

Zero - Rs.25,000

There are some Zerodha mutual fund distributor costs that a distributor has to bear to start their mutual fund distributor business.

Some of these costs are compulsory, while others will depend on the type and scale of your business.

First, you have to pay for the NISM exam, which is mandatory for becoming a mutual fund distributor, it is around Rs.1500.

You have to register with AMFI for ARN, which is around Rs. 3500. You will also have to invest Rs. 11000 one time fees as distribution fees.

Further, if you choose to have an office setup, you might have to bear the costs of maintaining the office. You will also need an internet connection and a working computer.

Zerodha Mutual Fund Distributorship – Expected Profits & Income

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

Active Lumpsum Clients 25
Avg. AUM per Client – Lumpsum (Rs.) 95,000
Total AUM – Lumpsum (Rs.) 23,75,000
Active SIP Clients 810
Avg. AUM per Client – SIP (Rs.) 9,500
Total AUM – SIP (Rs.) 76,95,000
Total AUM (Rs.) 1,00,70,000
Distributor’s Share (Rs.) (1% of AUM) 1,00,700
New Client Acquisition 70
Client Acquisition Income (Rs.) 0
Total Distributors Income 1,00,700
Total Expenses 25,000
Distributor’s Net Profit 75,700
Net Profit Margin 75.17%

Zerodha mutual fund seller profits vary a lot; the main reason is that, as we have already discussed, the commission is not fixed and depends on many factors.

A distributor’s total Asset Under Management is the main factor determining the earning.

Further, the earning potential also depends on whether the investment was lumpsum or SIP, as in lumpsum, the value of AUM only increases when the value of SIP increases, but in SIP, the AUM increases with each investment.

The commission is determined on an annual basis but is paid monthly to the distributor. If we assume an AUM of Rs 1 lakh, at a 1% commission rate, you will get Rs.1000 as commission which will be paid monthly.

Zerodha Mutual Fund Agent Offers

Commission above 1%


Zero Investment


Free Advisory


Direct Mutual Fund


By joining Zerodha, you can have beneficial Zerodha mutual fund agent offers. These are very comparative to other players in the industry.

  • You get above 1% commission on many mutual funds of different AMCs, mainly equity funds.
  • Your client gets exposure to regular funds of all AMCs at no extra cost.
  • Your client also has a demat account at no additional cost; only AMC charges for a demat statement will apply.
  • Zerodha offers no advisory services.

Zerodha Mutual Fund Distributorship SWOT Analysis

Here is the detailed SWOT analysis for Zerodha Mutual Fund distributor:


  • Multiple companies offer mutual funds in India, and every company provides mutual funds of different categories Zerodha offers.
  • Zerodha is one of the most recognized brand names; this will add to your trust among customers.
  • The broker benefits beginners, as they have a robust training and support program.
  • Zerodha is the leader in tech innovations in this industry.
  • Your clients get a Demat account without any extra fees for paperwork.


  • Zerodha is facing stiff competition from other established players as well as newcomers in the industry.
  • Periods of economic uncertainty cause clients to stop new investments due to fear of losses.
  • The market condition can cause a massive variation in your income and profit.


  • The client base of mutual funds companies is still tiny compared to the population of India.
  • Marketing efforts and education drives by AMFI are increasing the popularity of mutual funds exponentially.
  • The digital process allows you to get clients from anywhere in India.


  • Growing popularity of direct plans of mutual funds is causing newer clients not to choose mutual fund distributors.
  • Robo and AI-based advisors are also improving with each passing day and may replace human advisors in the future
  • SEBI rules have become stringent for distributors, causing it difficult for beginners.

Zerodha Mutual Fund Distributor Support

ARN Generation Support


Acquisition Support


Products Training




Advisory Support


RM Support


Backoffice Support


Marketing Support


Like all other aspects, Zerodha distributor support is also top of the class for the distributors. They constantly support the mutual fund distributor from the start and when you need it.

  • You get support for ARN generation from AMFI.
  • Get support for acquisition as well as marketing.
  • They also provide regular training and webinars.
  • The quality of back-office support after client acquisition is also excellent.

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Zerodha MF Distributor Office Requirement

Area in Sq. Ft.

100 - 200 Sq. Ft. (Optional)

No. of Employees

Atleast 1 (Optional)

Dealer Terminal


Mobile or Telephones


Call Recording


Laptops or Computers






Managers Cabin


Zerodha MF distributor needs to fulfil some office requirements, and some are optional. You must maintain an active phone; this should be the number you registered with AMFI.

You also need to have a computer where you will be required to maintain the Zerodha terminal.

These are the bare minimum, but having an office goes a long way in establishing you as a genuine business.

Thus, one should have an office of at least 100 to 200 sq ft, with basic furniture for you, staff, and customers.

Zerodha Mutual Fund Seller Dashboard Link

Web Platform

The Zerodha mutual fund advisor dashboard is a very effective and helpful tool for distributors. You have various useful features for this business; you can initiate the KYC process for new clients.

The dashboard also makes it easy for you to create client investments. You can also generate many types of reports for yourself and your clients.

You can access the dashboard through the official website using your user id and password, which you get at the time of registration.

Zerodha Mutual Fund Agent Login

When you initially register, you get Zerodha mutual fund advisor login id and password. Keep the credentials safe, as they will help login to the dashboard & conduct your business.

These login details will help to register new leads, do their KYC, and create their profile. You also need to log in to monitor the portfolios of your clients on day to day basis.

You will also need this when your clients request to withdraw their investment.

Zerodha 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


Zerodha MF Seller Review or Ratings by Finec.in

Overall Rating

9.33 / 10


9.29 / 10


9.44 / 10


9.37 / 10


9.27 / 10


9.25 / 10

Zerodha MF Advisor - Products Offered

SIP Mutual Fund


Lumpsum Mutual Fund


Direct Mutual Fund












IPOs / FPOs / NCDs








Zerodha 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 Zerodha Mutual Fund Agent? - Eligibility Criteria


21+ Years & above



Academic Qualification


NISM Certificate

Yes, Mandatory

ARN Generation


We’d like to discuss about how to become a Zerodha mutual fund distributor. You must fulfil specific criteria and pass the NISM mutual fund distributor exam.

Let’s examine these criteria and the steps to becoming a Zerodha distributor.

  • You have to be above 21 years, an Indian citizen and should have passed 12th or 10 plus 3 yrs diploma.
  • You should have passed the NISM VA exam.
  • It would help if you had ARN from AMFI (you can also apply without ARN, Zerodha will assist you in getting your ARN).
  • You should have a PAN card, ID proof, a working mobile number, and a bank account.
  • Hit the tab placed at the bottom known as “Become a distributor”
  • Fill up all your details as asked in the form.
  • Upload the scanned copy of all the relevant documents.
  • Once you have received your ARN, if you didn’t have one initially, your registration will be complete.
  • The process will activate your dashboard login, and you will receive a login id and password.
  • Now, just login to the distributor dashboard and begin client onboarding.
  • This entire process can be done online in an easy process.

Zerodha MF Distributor - Documents Required

Distributorship Agreement


Identity Proof - Aadhaar


Address Proof - Aadhaar / Rental Agreement




Passport Size Photo


Bank Account Details


Bank Cancelled Cheque


Zerodha MF Distributor – Conclusion

Becoming a Zerodha MF distributor and starting your mutual fund selling business is a good option for people looking to start a finance business.

You get one of the best commission rates and access to all the mutual funds in India.

On top of that, you get access to top-of-the-class technological tools to handle clients and other aspects of the business from a single platform.

You also get expert support at every step of your business. Zerodha demat services will also be a unique service you can use to attract clients.

If you put in a reasonable effort, the features, tools, and support of Zerodha will make your business grow quickly.

FAQs on Zerodha Mutual Fund Distributor

Here is the list of FAQs related to the Zerodha Mutual Fund Distributorship.

How many distributors does Zerodha have?

Zerodha has a total distribution network of around 5000+ distributors.

Is Zerodha Mutual Fund Agency Safe?

Zerodha is registered with both AMFI and SEBI and follows all the safety regulations; it is a safe agency for distributors and clients.

What is Zerodha Mutual Fund Distributor Commission?

As discussed in this article, you get a commission between 0.75% to 1% of your AUM calculated annually.

How much are Zerodha Distributorship Fees?

You pay a fixed fee at registration; the price is Rs.11000.

Does Zerodha provide ARN Generation Support?

Yes, you get support from Zerodha in getting your ARN from AMFI. You can even start the registration before getting your ARN.

Is Zerodha a Stock Broker?

Yes, Zerodha is a discount stock broker, and your client gets a demat account with no extra charge.

Is Zerodha an AMC?

No, Zerodha is not an AMC itself, but you can get mutual funds from all AMCs in Zerodha.

Who is the founder of Zerodha?

The founder of Zerodha is Mr Nithin Kamath and Mr Nikhil Kamath.

Is Zerodha registered with SEBI?

Zerodha is registered with SEBI as an equity, commodity, and currency exchange.

Does Zerodha Distributor provide Direct MF Investment?

Zerodha does not provide direct mutual funds through the distributor network; clients can buy direct mutual funds.


Customer ratings and reviews of Zerodha Mutual Fund Distributor

  • Finec says:

    Thanks, we will get back to you today.

  • Chandra B Nirala says:

    Hi Team, I am NISM certified and having my ARN-292328. I want to start business as a Mutual fund distributor through Zerodha. Please help me to empanel process with Zerodha. Waiting to hear from you. Thanks

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