All you need to know about becoming a Mutual Fund Agent Mutual funds allow investors to create wealth over a long period of time. People in India are realizing the significance of mutual fund investments. As a result, an increasing number of people are investing money in MF schemes. While you can also grow your wealth by investing in these schemes, another great way to bank on this boom is by becoming a mutual funds agent. One exam, ARN Number, and you are all set to earn commission on investments by your clients. Check out the below info about mutual funds agent.
Duties of a MF Agent
A MF agent should primarily educate people interested in buying MF units about effectiveness of mutual fund investments in creating wealth over a long period of time. Mutual fund agents should also inform potential investors about the myriad mutual fund schemes available for investments and the pros and cons of all lucrative schemes. These agents also enable investors to transact in mutual funds. These include buying as well as selling of mutual fund units of various schemes. MF agents are responsible for tracking market conditions and updating their clients about the evolving market scenarios. Last but not least, the agents should help their clients in maximizing their profits and minimizing risks and losses.
How to Become a Mutual Fund Distributor/Agent The process to become a mutual fund distributor begins with passing the NISM VA Mock test for MF distributor exam. Thereafter, one can apply for AMFI registration number by submitting the relevant form, fee and documents. After receiving the ARN number, one can register with distributors and asset management companies to start distributing units of mutual funds schemes to investors.
A lot of people these days are searching for “mutual fund agent near me” online. You can easily bank on this opportunity by becoming a registered mutual fund distributor and earn great commission on their investments. Many people are looking for capitalize on this chance and here is your opportunity. Make the most of it now and earn a great living and yourself towards financial freedom.