"Definition of Mutual Funds Distributor"

● Mutual fund distributors are individuals or organizations who enable investors to purchase and sell units in various mutual fund schemes.

● Mutual fund distributors are rewarded for enabling these transactions by charging fees on mutual fund investments made by their consumers.

● Mutual fund distributors provide a variety of additional services in addition to facilitating these transactions.

● Understanding each investor's risk tolerance and financial objectives, as well as providing acceptable investment alternatives and strategies, are some of these.

● The Association of Mutual Funds in India, or AMFI, regulates the mutual fund distributor sector in India.

● Every person or organization that wishes to distribute mutual funds in India must first register with the AMFI.

How to Become Mutual Fund Distributor ?

 Pass the NISM Exam.  Apply for an ARN Number.

Register with a Distributor / AMC.