IIFCL Mutual Fund Distributor Logo

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

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

What are the Business Requirements for IIFCL Mutual Fund Distributor?

Overall Investment

Rs.60,000 - Rs.1.1 Lakh

Commission Range

1% to 2% of AUM

Avg. Monthly Profit

Rs.48,015

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

200+

Type of Distributor

AMC Distributor

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

How much is IIFCL MFD Cost?

Distributorship Fees (One Time)

Rs.60,000

Office Expenses (Monthly)

Zero - Rs.50,000

How much is IIFCL 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 IIFCL Mutual Fund Seller?

Active Lumpsum Clients

15

Avg. AUM per Client - Lumpsum (Rs.)

95,300

Total AUM - Lumpsum (Rs.)

14,29,500

Active SIP Clients

500

Avg. AUM per Client - SIP (Rs.)

9,530

Total AUM - SIP (Rs.)

47,65,000

Total AUM (Rs.)

61,94,500

Distributor's Share (Rs.)

96,015

New Client Acquisition

30

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

96,015

Total Expenses (Rs.)

48,000

Distributors's Net Profit (Rs.)

48,015

Net Profit Margin

50.01%

Does IIFCL offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start IIFCL 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 IIFCL 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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