Whiteoak Mutual Fund Distributor Logo

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

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

What are the Business Requirements for Whiteoak Mutual Fund Distributor?

Overall Investment

Rs.1 Lakh - Rs.1.2 Lakh

Commission Range

1% to 2% of AUM

Avg. Monthly Profit

Rs.55,688

Area in Sq. Ft.

100 - 250 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

2 - 3 Months

Payout Time

30 Days

Total Distributors

150+

Type of Distributor

AMC Distributor

NISM Certificate

Yes, Compulsory

ARN Generation

Yes, Compulsory

How much is Whiteoak MFD Cost?

Distributorship Fees (One Time)

Rs.60,000

Office Expenses (Monthly)

Rs.40,000 - Rs.60,000

How much is Whiteoak 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 Whiteoak Mutual Fund Seller?

Active Lumpsum Clients

15

Avg. AUM per Client - Lumpsum (Rs.)

97,500

Total AUM - Lumpsum (Rs.)

14,62,500

Active SIP Clients

600

Avg. AUM per Client - SIP (Rs.)

9,750

Total AUM - SIP (Rs.)

58,50,000

Total AUM (Rs.)

73,12,500

Distributor's Share (Rs.)

1,09,688

New Client Acquisition

30

Client Acquisition Income (Rs.)

-

Total Distributors Income (Rs.)

1,09,688

Total Expenses (Rs.)

54,000

Distributors's Net Profit (Rs.)

55,688

Net Profit Margin

50.77%

Does Whiteoak offer an MF Advisor Dashboard or App?

Web or App Dashboard


What is the Eligibility Criteria to Start Whiteoak 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 Whiteoak 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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