How do I become an individual mutual fund distributor?
To become an MF advisor, follow these simple steps:
- Register for the NISM exam. Candidates wishing to become MF advisors should first register for the National Institute of Securities Market (NISM) VA Mutual Funds Distributors Certification Exam.
- Pass the NISM Exam.
- Know Your Distributor.
- Register with AMCs or Distributors.
How can I become a sip agent?
A. To become a mutual fund agent, an individual needs to appear for a mandatory examination “NISM Series-V-A Mutual Fund Distributors Certification” conducted by NISM. After passing the exam, the candidate has to obtain an ARN (AMFI Registration Number) by approaching AMFI through CAMS-KRA.
How to become a mutual fund agent after 10th?
After completing 10th class with 3 years of diploma or 12th class from any steam, the candidate has to pass an exam conducted by National Institute of Security Market i.e. series V A mutual fund distribution certificate. After clearing the exam one is eligible to become a Mutual Fund Agent.
How to become a mutual fund agent/distributor?
Agents play a central and significant role in promoting the sale of Mutual funds, there is no such minimum educational qualification required for becoming a Mutual fund distributor, any person who can qualify for the NISM Series V-A, mutual fund distributor certification exam can become a mutual fund agent/distributor.
What is the qualification required to become a mutual fund advisor?
So to be a mutual fund advisor, you should be of 18 years and minimum qualification is class 12 or class 10 with 3 years of diploma. The exam you need to pass is the National Institute of Securities Markets (NISM) V-A certification exam. Also, the starting salary of a candidate with 1-2 years of experience is around 50000/-.
What is mutmutual fund agent?
Mutual Fund Agent is the one who helps in buying and selling of Mutual Funds India through investors and earn a commission for bringing in investors in the Mutual Fund scheme. He/She also advises the investors about various schemes of the Mutual Fund house.