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

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

What are the Business Requirements for Canara Robeco Mutual Fund Distributor?

Overall Investment

Rs.80,000 - Rs.1.3 Lakh

Commission Range

1% to 2% of AUM

Avg. Monthly Profit

Rs.53,670

Area in Sq. Ft.

150 - 250 Sq. Ft. (Optional)

No. of Employees

Minimum 2 (Optional)

Breakeven Time

2 - 3 Months

Payout Time

30 Days

Total Distributors

500+

Type of Distributor

AMC Distributor

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

How much is Canara Robeco MFD Cost?

Distributorship Fees (One Time)

Rs.80,000

Office Expenses (Monthly)

Zero - Rs.50,000

How much is Canara Robeco Mutual Fund Distributor Commission & Referral Bonus?

Revenue Sharing

1% to 2% of AUM

Per Client Acquisition

NA

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What are the Expected Earnings from Canara Robeco Mutual Fund Seller?

Active Lumpsum Clients

15

Avg. AUM per Client - Lumpsum (Rs.)

97,000

Total AUM - Lumpsum (Rs.)

14,55,000

Active SIP Clients

590

Avg. AUM per Client - SIP (Rs.)

9,700

Total AUM - SIP (Rs.)

57,23,000

Total AUM (Rs.)

71,78,000

Distributor's Share (Rs.)

1,07,670

New Client Acquisition

30

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

1,07,670

Total Expenses (Rs.)

54,000

Distributors's Net Profit (Rs.)

53,670

Net Profit Margin

49.85%

Does Canara Robeco offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Canara Robeco MFD Business?

Age

18 Years & above

Nationality

Indian

Academic Qualification

Graduate

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

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What Documents are required to Become a Canara Robeco 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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