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

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

What are the Business Requirements for Piggy Mutual Fund Distributor?

Overall Investment

Rs.5,000 - Rs.45,000

Commission Range

0.6% to 1.2% of AUM

Avg. Monthly Profit

Rs.45,400

Area in Sq. Ft.

150 - 300 Sq. Ft. (Optional)

No. of Employees

Atleast 2 (Optional)

Breakeven Time

1 - 2 Months

Payout Time

30 Days

Total Distributors

50+

Type of Distributor

Sub Distributor

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

How much is Piggy MFD Cost?

Distributorship Fees (One Time)

Rs.5,000

Office Expenses (Monthly)

Zero - Rs.40,000

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

Revenue Sharing

0.6% to 1.2% of AUM

Per Client Acquisition

NA

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What are the Expected Earnings from Piggy Mutual Fund Seller?

Active Lumpsum Clients

20

Avg. AUM per Client - Lumpsum (Rs.)

80,000

Total AUM - Lumpsum (Rs.)

16,00,000

Active SIP Clients

850

Avg. AUM per Client - SIP (Rs.)

8,000

Total AUM - SIP (Rs.)

68,00,000

Total AUM (Rs.)

84,00,000

Distributor's Share (Rs.)

92,400

New Client Acquisition

50

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

92,400

Total Expenses (Rs.)

47,000

Distributors's Net Profit (Rs.)

45,400

Net Profit Margin

49.13%

Does Piggy offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Piggy 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 Piggy 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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