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

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

What are the Business Requirements for Scripbox Mutual Fund Distributor?

Overall Investment

Rs.3,000 - Rs.43,000

Commission Range

0.6% to 1.2% of AUM

Avg. Monthly Profit

Rs.59,525

Area in Sq. Ft.

200 - 300 Sq. Ft. (Optional)

No. of Employees

Atleast 2 (Optional)

Breakeven Time

1 - 2 Months

Payout Time

30 Days

Total Distributors

100+

Type of Distributor

Sub Distributor

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

How much is Scripbox MFD Cost?

Distributorship Fees (One Time)

Rs.3,000

Office Expenses (Monthly)

Zero - Rs.40,000

How much is Scripbox 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 Scripbox Mutual Fund Seller?

Active Lumpsum Clients

20

Avg. AUM per Client - Lumpsum (Rs.)

85,000

Total AUM - Lumpsum (Rs.)

17,00,000

Active SIP Clients

950

Avg. AUM per Client - SIP (Rs.)

8,500

Total AUM - SIP (Rs.)

80,75,000

Total AUM (Rs.)

97,75,000

Distributor's Share (Rs.)

1,07,525

New Client Acquisition

50

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

1,07,525

Total Expenses (Rs.)

48,000

Distributors's Net Profit (Rs.)

59,525

Net Profit Margin

55.36%

Does Scripbox offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Scripbox 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 Scripbox 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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