
Financial literacy is the need of the hour and a requisite for a prosperous future. There’s no doubt about the paramount difference that the education of finances can make in the lives of people.
In recent years, the landscape of financial services in India has undergone a significant transformation, with mutual fund distribution emerging as a promising career path for people looking for opportunities in the financial sector.
In this competitive world, being one’s own boss appeals to many. However, only a few know how and from where to start their entrepreneurial journey.
The mutual fund industry has witnessed phenomenal growth over the past 10 years, growing from Rs 8.90 lakh crore on 30th November 2013 to Rs 49.05 lakh crore on 30th November 2023 (Source - AMFI).
Mutual funds have emerged as a popular investment vehicle in the modern era. The assets under management (AUM) of the industry grew from 1.13 lakh crore in October 2003 to 46.72 lakh crore in October 2023.
The task of a mutual fund distributor is to analyse the investors' financial needs and risk profile, guiding them to make the right investment decisions.
The journey to being financially prosperous requires endurance, discipline, sound decision-making, and a strong understanding of investment products.
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