Table of Contents
Can life insurance agents sell mutual funds?
Mutual Funds: Your insurance agent may now sell MF, pension products, FDs.
Can mutual fund distributors sell insurance?
There is no regulation that stops mutual fund distributors from selling other financial products like insurance, bonds and NPS subject to approval of respective regulators.
How do I become a mutual fund agent Quora?
By acquiring pass certificate from NISM for a MF Distribution based examination – here you need to get registered through AMFI ( Association of Mutual Funds of India) By acquiring pass certificate from NISM for a IA ( Investment Advisor ) based examination – here you need to get registered through SEBI.
How to become a mutual fund agent?
Age Limit: The candidate should be of 18 years or above to become a Mutual Fund Agent. To be a Mutual Fund Agent the aspiring candidates should have given skills: Ability to streamline quantitative research for interest rates. He should know how to analyze debt and loan portfolio performance.
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.
How to become a mutual fund distributor in India?
To become a Mutual Fund Distributor the minimum requirement is NISM Series VA Mutual Fund Distributors Certification. And a registration number from the Association of Mutual Fund in India (AMFI) The minimum qualification to give this exam is class 12 or class 10 with 3 years of diploma.
How to work out income tax liability from mutual fund distribution?
As per government service rules, it should be communicated to the employee’s government office in writing and if any clarification is sought, it has to be given satisfying the government. Also all the income from mutual fund distribution activities must be clearly mentioned for working out income tax liability.