Groww Franchise

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

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

What are the Business Requirements for Groww Mutual Fund Distributor?

Overall Investment

Zero - Rs.25,000

Commission Range

0.75% to 1.5% of AUM

Avg. Monthly Profit

Rs.68,000

Area in Sq. Ft.

100 - 200 Sq. Ft.

No. of Employees

Atleast 1

Breakeven Time

1 - 2 months

Payout Time

30 Days

Total Distributors

1000+

Type of Distributor

Sub Broker

NISM Certificate

Yes, Compulsory

ARN Generation

Optional

How much is Groww MFD Cost?

Distributorship Fees (One Time)

Zero

Office Expenses (Monthly)

Zero - Rs.25,000

How much is Groww Mutual Fund Distributor Commission & Referral Bonus?

Revenue Sharing

0.75% to 1.5% of AUM

Per Client Acquisition

Zero

Check out Business Opportunities with Similar Brands

What are the Expected Earnings from Groww Mutual Fund Seller?

Active Lumpsum Clients

25

Avg. AUM per Client - Lumpsum (Rs.)

93,000

Total AUM - Lumpsum (Rs.)

23,25,000

Active SIP Clients

750

Avg. AUM per Client - SIP (Rs.)

9,300

Total AUM - SIP (Rs.)

69,75,000

Total AUM (Rs.)

93,00,000

Distributor's Share (Rs.)

93,000

New Client Acquisition

70

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

93,000

Total Expenses (Rs.)

25,000

Distributors's Net Profit (Rs.)

68,000

Net Profit Margin

73.12%

Does Groww offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Groww 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 Groww 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 Groww Mutual Fund Distributor

Start your Mutual Fund Business Now!Become a Distributor