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

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

What are the Business Requirements for Shriram Mutual Fund Distributor?

Overall Investment

Rs.50,000 - Rs.1 Lakh

Commission Range

1% to 2% of AUM

Avg. Monthly Profit

Rs.61,081

Area in Sq. Ft.

100 - 200 Sq. Ft. (Optional)

No. of Employees

Minimum 2 (Optional)

Breakeven Time

2 - 3 Months

Payout Time

30 Days

Total Distributors

100+

Type of Distributor

AMC Distributor

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

How much is Shriram MFD Cost?

Distributorship Fees (One Time)

Rs.50,000

Office Expenses (Monthly)

Zero - Rs.50,000

How much is Shriram 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 Shriram Mutual Fund Seller?

Active Lumpsum Clients

20

Avg. AUM per Client - Lumpsum (Rs.)

92,700

Total AUM - Lumpsum (Rs.)

18,54,000

Active SIP Clients

750

Avg. AUM per Client - SIP (Rs.)

9,270

Total AUM - SIP (Rs.)

69,52,500

Total AUM (Rs.)

88,06,500

Distributor's Share (Rs.)

1,10,081

New Client Acquisition

50

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

1,10,081

Total Expenses (Rs.)

49,000

Distributors's Net Profit (Rs.)

61,081

Net Profit Margin

55.49%

Does Shriram offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Shriram 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 Shriram 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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