Choice Broking Franchise

Becoming a Choice Broking Mutual Fund Distributor is an excellent opportunity for financial professionals and aspiring entrepreneurs looking to enter the mutual fund distribution business.

With Choice Broking, as one of the fastest-growing investment platforms in India, you can start your journey as a Choice Broking Mutual Fund Seller and earn attractive commissions by referring clients to invest in mutual funds.

The company offers a fully digital process, making it easy to onboard and manage clients. As a Choice Broking MFD, you can leverage its strong brand reputation and robust technology to build a successful business.

What are the Business Requirements for Choice Broking Mutual Fund Distributor?

Overall Investment

Rs.25,000 - Rs.75,000

Commission Range

0.75% to 1.5% of AUM

Avg. Monthly Profit

Rs.70,550

Area in Sq. Ft.

150 - 300 Sq. Ft.

No. of Employees

Atleast 1

Breakeven Time

1 - 2 months

Payout Time

30 Days

Total Distributors

750+

Type of Distributor

Sub Broker

NISM Certificate

Yes, Compulsory

ARN Generation

Optional

How much is Choice Broking MFD Cost?

Distributorship Fees (One Time)

Rs.25,000 - Rs.50,000

Office Expenses (Monthly)

Zero - Rs.25,000

How much is Choice Broking Mutual Fund Distributor Commission & Referral Bonus?

Revenue Sharing

0.75% to 1.5% of AUM

Per Client Acquisition

Rs.300

Check out Business Opportunities with Similar Brands

What are the Expected Earnings from Choice Broking Mutual Fund Seller?

Active Lumpsum Clients

22

Avg. AUM per Client - Lumpsum (Rs.)

82,500

Total AUM - Lumpsum (Rs.)

18,15,000

Active SIP Clients

720

Avg. AUM per Client - SIP (Rs.)

8,250

Total AUM - SIP (Rs.)

59,40,000

Total AUM (Rs.)

77,55,000

Distributor's Share (Rs.)

77,550

New Client Acquisition

60

Client Acquisition Income (Rs.)

18,000

Total Distributors Income (Rs.)

95,550

Total Expenses (Rs.)

25,000

Distributors's Net Profit (Rs.)

70,550

Net Profit Margin

73.84%

Does Choice Broking offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Choice Broking MFD Business?

Age

18 Years & above

Nationality

Indian

Academic Qualification

Graduate

NISM Certificate

Yes, Compulsory

ARN Generation

Optional

Check out Business Opportunities with Similar Brands

What Documents are required to Become a Choice Broking Mutual Fund Distributor?

Distributorship Agreement

Compulsory

Identity Proof - Aadhaar

Compulsory

Address Proof - Aadhaar / Rental Agreement

Compulsory

PAN

Compulsory

Passport Size Photo

Compulsory

Bank Account Details

Compulsory

Bank Cancelled Cheque

Compulsory

Customer ratings and reviews of Choice Broking MF Distributor

Start your Mutual Fund Business Now!Become a Distributor