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Know everything about Mirae Asset Mutual Fund Distributor Business here.

Check out details like its Distributorship Review & Ratings, Infrastructure requirement, Support details, ROI tenure & more.

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

Mirae Asset Mutual Fund Distributor Business Opportunity - Snapshot

Line of Business

Mutual Fund Distributor

Unit / Shop Area

100 - 200 Sq. Ft.

Commission% / Revenue Sharing

3 to 4% of AUM

Total Investment

Rs.1.2 Lakh - Rs.1.35 Lakh

ROI Timeframe

3 - 4 Month

Mirae Asset Distributor Ratings by FranchiseByte

Revenue Sharing

3.92 / 5

Distributorship Fees & Investment

2.87 / 5

Support & Training

3.85 / 5

ROI Timeframe

3.95 / 5

Brand Value

3.99 / 5

Overall Ratings

3.90 / 5

Star Ratings


Overview of Mirae Asset MF Distributor

Industry

Finance & Money

Business Line

Mutual Fund Distributor

Organization Type

Public

Head Office

Mumbai

Founder

Park Hyeon-Joo

Founded In (year)

2006

No. of Distributors

1000+

Master Distributorship

Not Available

Distributorship Tenure

2 years

Distribution Location

All over India

Business Set-Up Time

30 days

Distributorship Commencement Year

2007

Mirae Asset Mutual Fund Agent Investment

Distributorship Fee

Rs.75,000

Infrastructure Investment

Rs.45,000 - Rs.60,000

Mirae Asset Mutual Fund Advisors Commission

Distributor Commission

3 to 4% of AUM

Brand Commission

Zero Commission

Mirae Asset Mutual Fund Dealer - ROI Details

In Years

3 - 4 Month


Mirae Asset AMC Distributor Profits Forecast

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

Monthly Income
Active Lumpsum Clients 15
Avg. AUM per Client – Lumpsum (Rs.) 1,00,000
Total AUM – Lumpsum (Rs.) 15,00,000
Active SIP Clients 150
Avg. AUM per Client – SIP (Rs.) 10,000
Total AUM – SIP (Rs.) 15,00,000
Total AUM (Rs.) 30,00,000
Distributor’s Income (4% of AUM) (Rs.) 1,20,000
Monthly Expenses
Office Rent (Rs.) 16,000
Telecallers Salary (Rs.) 17,000
Dealer Salary (Rs.) 19,000
Misc. Expenses (Rs.) 4,500
Total Expenses (Rs.) 56,500
Monthly Profit
Net Profit (Rs.) 63,500
Profit Margin 53%

Mirae Asset Master Distributorship Details

Distributorship Fees

NA

Infrastructure Investment

NA

Commission% / Revenue Sharing

NA

Infrastructure Required by Mirae Asset MF Distributor

Shop / Unit Area

100 - 200 Sq. Ft.

Employee Strength

Minimum 2

Research / Advisory

Optional

Trading Terminals Set-up

Compulsory

Telephone Lines

Compulsory

Computer / Internet Connectivity

Compulsory

Airconditioner

Optional

CCTV Set-up

Optional

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Support provided to Mirae Asset MF Agent

Offers

Occasionally 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

Available

Operation Manual

Not Available

Training Manual

Available

Mirae Asset 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 to Mirae Asset MF Advisor

Product Information Training

Provided

Dealers Training

Provided

Service Training

Provided

Mirae Asset MF Distributor - Products/Service Offered

SIP Mutual Fund

Available

Lumpsum Mutual Fund

Available

Direct Mutual Fund

Available

Equity Trading

Available

Commodity Trading

Available

Currency Trading

Available

Derivatives

Available

Forex

NA

Banking

Available

Insurance

NA

Demat Services

Available

3 in 1 Acount

NA

IPO Services

Available

MF Recommendations

Available

Robo Advisory

Available

PMS

Available

Mobile App

Available

Web Trading Platform

Available

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Qualification Required to Become Mirae Mutual Fund Advisor

Age Limit

24 Years & above

Business Experience

Optional

Academic Qualification

Graduate

Is ARN Compulsory for Mirae Asset Distributors or Agents?

ARN number

Complusory

Documents Required to Start Mirae Asset 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

NISM Certification

Required

NOC of Unit / Shop

Required


Mirae Asset AMC Dealer Dashboard or Backoffice

Check out link to Mirae Asset MF Distributor Dashboard or Backoffice here.

Dashboard Access
Mirae Asset Advisor Dashboard Dashboard or Backoffice Link

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