Find Your Franchise

Know everything about Ask Mutual Fund Distributor Business here. Check out details like its Distributorship Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.

Advisor of Ask Mutual Fund is a leading Mutual Fund Distributor . You can check all relevant information & take your business investment decision.

Ask Mutual Fund Distributor Business Opportunity - Snapshot

Line of Business

Mutual Fund Distributor

Unit / Shop Area

150 - 200 Sq. Ft.

Commission

2 to 3% of AUM

Total Investment

Rs.33,000 - Rs.53,000

ROI Timeframe

2 - 3 Month

Ask Distributor Ratings by FranchiseByte

Revenue Sharing

4.11 / 5

Distributorship Fees & Investment

4.11 / 5

Support & Training

4.13 / 5

ROI Timeframe

4.17 / 5

Brand Value

4.13 / 5

Overall Ratings

4.15 / 5

Star Ratings


Overview of Ask MF Distributor

Industry

Finance & Money

Business Line

Mutual Fund Distributor

Organization Type

Private

Head Office

Mumbai

Founder

Sameer Koticha

Founded In (year)

1983

No. of Distributors

500+

Master Distributorship

Not Available

Distributorship Tenure

2 years

Distribution Location

All over India

Business Set-Up Time

10 Days

Distributorship Commencement Year

1990

Ask Mutual Fund Agent Investment

Distributorship Fee

Rs.3,000

Infrastructure Investment

Rs.30,000 - Rs.50,000

Ask Mutual Fund Advisor Commission

Distributor Commission

2 to 3% of AUM

Brand Commission

0.5 to 1% of AUM

Ask Mutual Fund Dealer - ROI Details

In Years

2 - 3 Month


Ask MF Distributor Profits Forecast

Check out details like Ask MF Advisor Profits, AUM, Expenses & more.

Monthly Income
Active Lumpsum Clients 20
Avg. AUM per Client – Lumpsum (Rs.) 75,500
Total AUM – Lumpsum (Rs.) 15,10,000
Active SIP Clients 250
Avg. AUM per Client – SIP (Rs.) 7,550
Total AUM – SIP (Rs.) 18,87,500
Total AUM (Rs.) 33,97,500
Distributor’s Income (4% of AUM) (Rs.) 1,01,925
Monthly Expenses
Office Rent (Rs.) 13,000
Telecallers Salary (Rs.) 15,000
Dealer Salary (Rs.) 17,500
Misc. Expenses (Rs.) 3,500
Total Expenses (Rs.) 49,000
Monthly Profit
Net Profit (Rs.) 52,925
Profit Margin 52%

Ask Master Distributorship Details

Distributorship Fees

NA

Infrastructure Investment

NA

Commission% / Revenue Sharing

NA

Infrastructure Required by Ask MF Distributor

Office Area

150 - 200 Sq. Ft.

Employee Strength

Minimum 2

Research / Advisory

Optional

Trading Terminals Set-up

Optional

Telephone Lines

Compulsory

Computer / Internet Connectivity

Compulsory

Airconditioner

Optional

CCTV Set-up

Compulsory

Check out Business Opportunities with Similar Brands

Support provided to Ask MF Agent

Offers

Available

Client Interaction Training

Available

Relationship Manager Support

Available

Back-Office Support

Available

MF Investment Support

Available

MF Advisory Support

Available

Marketing Support

Partially Available

Business Management Software

Not Available

Website Support

Not Available

Operation Manual

Not Available

Training Manual

Available

Ask Mutual Fund Distributor - Marketing Support

Unit Interior & Exterior Ads

Available

Local Advertisement

Available

Digital Marketing

Not Available

Television Advertisement

Not Available

Prints Advertisement

Not Available

Events/Seminars

Not Available

Training provided by Ask MF Advisor

Product Information Training

Provided

Dealers Training

Provided

Service Training

Provided

Ask Distributor - Products/Service Offered

SIP Mutual Fund

Available

Lumpsum Mutual Fund

Available

Direct Mutual Fund

Available

Equity Trading

NA

Commodity Trading

NA

Currency Trading

NA

Derivatives

NA

Forex

NA

Banking

NA

Insurance

NA

Demat Services

NA

3 in 1 Acount

NA

IPO Services

NA

MF Recommendations

Available

Robo Advisory

NA

PMS

NA

Mobile App

Available

Web Trading Platform

Available

Check out Business Opportunities with Similar Brands

Qualification Required to Become Ask Mutual Fund Advisor

Age Limit

24 Years & above

Business Experience

Optional

Academic Qualification

Graduate

Is ARN Compulsory for Ask Distributors or Agents?

ARN number

Not Compulsory

Documents Required to Start Ask Agency or Distributorship

Distributorship Agreement

Required

Proprietor Aadhaar Copy

Required

Proprietor Photo

Required

Proprietor / Business PAN Copy

Required

Business TAN Copy

Required

GST Registration Certificate

Required

Proprietor / Business Address Proof

Required

Unit / Shop Address Proof

Required

NOC of Unit / Shop

Required

NISM Certification

Required


Ask MF Dealer Dashboard or Backoffice

Check out link to Ask MF Distributor Dashboard or Backoffice here.

Dashboard Access
Ask Advisor Dashboard Web Dashboard or Backoffice

Start your Mutual Fund Business Now!Become a Distributor