As a one-of-a-kind career choice, mutual fund distribution opens many doors for its pursuers. Here’s a detailed article on the why, how and what of becoming a mutual fund distributor.
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.
In plain words, YES. An LIC agent can become and prove to be a successful mutual fund distributor. As an LIC agent, if you have been wondering whether you can become a mutual fund distributor as well, then this article is for you.
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).
If you are a recent college graduate, a housewife, a retired person looking to re-enter the workforce, or anyone else who is looking for a successful business opportunity, then this blog is for you!
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.
Mutual funds have gained significant popularity as a preferred investment option for wealth accumulation in the last 2 decades.
We all have observed how the mutual fund industry in India has grown significantly in recent years and has become a powerful force in the country’s financial sector.
The mutual fund sector in India has grown rapidly over the last decade, with assets under management (AUM) expanding from ₹8.26 trillion (AMFI, April 2013) to ₹41.62 trillion (AMFI, April 2023), an astounding 5-fold increase.
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