Shoonya Franchise

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

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

What are the Business Requirements for Shoonya Mutual Fund Distributor?

Overall Investment

Rs.3,000 - Rs.28,000

Commission Range

0.75% to 1.5% of AUM

Avg. Monthly Profit

Rs.65,020

Area in Sq. Ft.

100 - 200 Sq. Ft.

No. of Employees

Atleast 1

Breakeven Time

1 - 2 months

Payout Time

30 Days

Total Distributors

600+

Type of Distributor

Sub Broker

NISM Certificate

Yes, Compulsory

ARN Generation

Optional

How much is Shoonya MFD Cost?

Distributorship Fees (One Time)

Rs.3000

Office Expenses (Monthly)

Zero - Rs.25,000

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

Revenue Sharing

0.75% to 1.5% of AUM

Per Client Acquisition

Rs.200

Check out Business Opportunities with Similar Brands

What are the Expected Earnings from Shoonya Mutual Fund Seller?

Active Lumpsum Clients

22

Avg. AUM per Client - Lumpsum (Rs.)

83,000

Total AUM - Lumpsum (Rs.)

18,26,000

Active SIP Clients

720

Avg. AUM per Client - SIP (Rs.)

8,300

Total AUM - SIP (Rs.)

59,76,000

Total AUM (Rs.)

78,02,000

Distributor's Share (Rs.)

78,020

New Client Acquisition

60

Client Acquisition Income (Rs.)

12,000

Total Distributors Income (Rs.)

90,020

Total Expenses (Rs.)

25,000

Distributors's Net Profit (Rs.)

65,020

Net Profit Margin

72.23%

Does Shoonya offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Shoonya 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 Shoonya 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 Shoonya MF Distributor

Start your Mutual Fund Business Now!Become a Distributor