We have seen the exponential growth of Mutual fund industry in India. A study by BCG ( BOSTON CONSULTING GROUP , USA ) indicates that AUM ( Assets under Management ) of Indian Mutual Fund industry can reach Rs 100 Lacs Crores within next 5 to 7 years. For this to happen, there has to be a requirement of additional Mutual Fund distributors to the tune of about 2 to 4 lacs who can reach every nook and corner to expand business.
Hence there is great enthusiasm for this business.
The Distributors associated with the online Mutual Fund platforms are already earning very well.
The earning model for Mutual fund distributors is the commission that they earn on the investments of their clients which is paid in the form of trail commission by the Mutual Funds and it is payable till the investments stays with Mutual Fund. The commission grows with the growth of investments.
Mutualglobe.com offers a technologically advanced platform to its partners to build and grow their distribution business. Plus, you can always depend on the handholding we provide to help you achieve your goals.