Standard Chartered Mutual Fund Distributor Logo

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

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

What are the Business Requirements for Standard Chartered Mutual Fund Distributor?

Overall Investment

Rs.41,000 - Rs.71,000

Commission Range

0.6% to 1.2% of AUM

Avg. Monthly Profit

Rs.44,870

Area in Sq. Ft.

150 - 300 Sq. Ft.

No. of Employees

Atleast 2

Breakeven Time

1 - 2 Months

Payout Time

30 Days

Total Distributors

200+

Type of Distributor

Sub Distributor

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

How much is Standard Chartered MFD Cost?

Distributorship Fees (One Time)

Rs.11,000

Office Expenses (Monthly)

Rs.30,000 - Rs.60,000

How much is Standard Chartered 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 Standard Chartered 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

820

Avg. AUM per Client - SIP (Rs.)

8,500

Total AUM - SIP (Rs.)

69,70,000

Total AUM (Rs.)

86,70,000

Distributor's Share (Rs.)

95,370

New Client Acquisition

50

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

95,370

Total Expenses (Rs.)

50,500

Distributors's Net Profit (Rs.)

44,870

Net Profit Margin

47.05%

Does Standard Chartered offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Standard Chartered 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 Standard Chartered 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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