distributorship experience certificate format

For any entity or a person engaged in marketing and selling of mutual funds, SEBI has made it mandatory to clear the NISM Certification. The minimum requirement to become a mutual fund distributor is the completion of NISM Series V-A: Mutual Fund Distributors Certification. Also, the candidate should qualify for class 12 or class 10 with three years of diploma. Qualifications of a Mutual Fund DistributorĪny individual above the age of 18 years can act as a mutual fund distributor or agent. Also, this allows them to create a database with fund recommendations and conclusions. This will help them identify the various investment options for their investors. Also, they need to keep an eye on essential developments in the mutual fund industry, markets and the economy.Īdditionally, the mutual fund distributors coordinate and collaborate with mutual fund houses from time to time. Moreover, this type of mutual fund agent needs to conduct qualitative and quantitative analysis using databases and monitor fund information regularly. The mutual fund agent needs to track the functioning and performance of mutual fund industries. The mutual fund distributor is also known as a mutual fund agent. They also guide the investors periodically on the performance of their investment. These transactions include investing, switching between mutual funds or redemption.

Furthermore, the mutual fund distributors help the investors in carrying out investment transactions. Every mutual fund is registered with SEBI (Securities and Exchange Board of India) and hence considered to be safe. They also advise the investors about the various schemes of different mutual fund houses. The mutual fund distributors earn commission by bringing in investors to the mutual fund scheme. Invest Now Who is a Mutual Fund Distributor?Ī mutual fund distributor is one who helps in buying and selling of mutual funds in India for its investors.

Distributorship experience certificate format