Profitmart Franchise

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

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

What are the Business Requirements for Profitmart Mutual Fund Distributor?

Overall Investment

Rs.28,000 - Rs.53,000

Commission Range

0.75% to 1.5% of AUM

Avg. Monthly Profit

Rs.58,128

Area in Sq. Ft.

150 - 200 Sq. Ft.

No. of Employees

Atleast 1

Breakeven Time

1 - 2 months

Payout Time

30 Days

Total Distributors

1600+

Type of Distributor

Sub Broker

NISM Certificate

Yes, Compulsory

ARN Generation

Optional

How much is Profitmart MFD Cost?

Distributorship Fees (One Time)

Rs.28,000

Office Expenses (Monthly)

Zero - Rs.25,000

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

Revenue Sharing

0.75% to 1.5% of AUM

Per Client Acquisition

Rs.150

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What are the Expected Earnings from Profitmart Mutual Fund Seller?

Active Lumpsum Clients

20

Avg. AUM per Client - Lumpsum (Rs.)

84,500

Total AUM - Lumpsum (Rs.)

16,90,000

Active SIP Clients

695

Avg. AUM per Client - SIP (Rs.)

8,450

Total AUM - SIP (Rs.)

58,72,750

Total AUM (Rs.)

75,62,750

Distributor's Share (Rs.)

75,628

New Client Acquisition

50

Client Acquisition Income (Rs.)

7,500

Total Distributors Income (Rs.)

83,128

Total Expenses (Rs.)

25,000

Distributors's Net Profit (Rs.)

58,128

Net Profit Margin

69.93%

Does Profitmart offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Profitmart 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 Profitmart 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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