Which is the best platform for mutual fund distributors?

Yes, Nivesh is the best mutual fund distributor platform to manage your business. By joining the platform, you can provide an enhanced experience to your customers.

How do I become a mutual fund advisor?

To become an MF advisor, follow these simple steps:

  1. 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.
  2. Pass the NISM Exam.
  3. Know Your Distributor.
  4. Register with AMCs or Distributors.

What tools do financial analysts use?

The most common financial analyst tools are Excel, PowerPoint, and Word, which are used to create financial models, reports, and presentations for senior management of a business or for clients. Other tools include data and analytics platforms such as Capital IQ, Bloomberg, PitchBook Data, and Reuters.

What is wealth management software?

What is wealth management software? The wealth management software system is used by the financial advisors who help in streamlining the economic processes. It serves as the investment advisory service that looks after the requirements of the affluent clients.

How do I become a successful mutual fund distributor?

Eligibility Criteria for Mutual Fund Distributor

  1. Pass the NISM Certification Test known as “NISM Series V (a): Mutual Fund Distributors Certification Examination”.
  2. Get registered with AMFI after passing NISM Certification Test.
  3. Obtain a unique code-AMFI Registration Number (ARN) along with an identity card from AMFI.

What is MFI and MFD?

Further to the launch of non-demat transactions on BSE Mutual Fund Platform, the Exchange is now introducing an order entry functionality which shall allow mutual fund intermediaries (MFI) or mutual fund distributors (MFD) to place purchase and redemption orders simultaneously in liquid schemes.

How much do mutual fund agents earn?

The agent charges a commission from a client for providing his services and this amount is generally . 5% to 2% of the investment. The client can negotiate this commission’s worth on the quality of advice his agent provides. this is a recurring commission and the agent gets a commission every time the client invests.

Can I become mutual fund 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.