Religare Broking Franchise

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

With Religare Digital, as one of the fastest-growing investment platforms in India, you can start your journey as a Religare Digital 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 Religare Digital MFD, you can leverage its strong brand reputation and robust technology to build a successful business.

What are the Business Requirements for Religare Digital Mutual Fund Distributor?

Overall Investment

Rs.53,000 - Rs.1,28,000

Commission Range

0.75% to 1.5% of AUM

Avg. Monthly Profit

Rs.55,545

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Atleast 1

Breakeven Time

1 - 2 months

Payout Time

30 Days

Total Distributors

1500+

Type of Distributor

Sub Broker

NISM Certificate

Yes, Compulsory

ARN Generation

Optional

How much is Religare Digital MFD Cost?

Distributorship Fees (One Time)

Rs.53,000 - Rs.1.03 Lakh

Office Expenses (Monthly)

Zero - Rs.25,000

How much is Religare Digital Mutual Fund Distributor Commission & Referral Bonus?

Revenue Sharing

0.75% to 1.5% of AUM

Per Client Acquisition

Zero

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What are the Expected Earnings from Religare Digital Mutual Fund Seller?

Active Lumpsum Clients

22

Avg. AUM per Client - Lumpsum (Rs.)

89,000

Total AUM - Lumpsum (Rs.)

19,58,000

Active SIP Clients

685

Avg. AUM per Client - SIP (Rs.)

8,900

Total AUM - SIP (Rs.)

60,96,500

Total AUM (Rs.)

80,54,500

Distributor's Share (Rs.)

80,545

New Client Acquisition

60

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

80,545

Total Expenses (Rs.)

25,000

Distributors's Net Profit (Rs.)

55,545

Net Profit Margin

68.96%

Does Religare Digital offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Religare Digital MFD Business?

Age

18 Years & above

Nationality

Indian

Academic Qualification

Graduate

NISM Certificate

Yes, Compulsory

ARN Generation

Optional

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What Documents are required to Become a Religare Digital 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

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