A new Mutual Fund Distributor in India can earn ₹6.59 lakh per year of passive income if they build their AUM to Rs.10 crore in 5 years.
Source: AMFI (Cafemutual Report)
Are you interested in establishing a successful career as a mutual fund distributor in India? Look no further! PrepCafe Academy is thrilled to introduce the MF Learn & Earn Program, a comprehensive initiative designed to support new entrants in the mutual fund distribution space.
This program offers essential training, financial assistance, and guidance to help you embark on a thriving career as a mutual fund distributor. Join us as we explore the benefits of the program and discover how you can obtain your AMFI Registration Number (ARN) without any cost! Yes, you read it right, absolutely FREE OF COST! Keep reading…
Why Mutual Fund Distribution?
Mutual fund distribution (MFD) in India presents a remarkable career opportunity for individuals seeking to build their own business or contribute to the banking and financial services sector. With the mutual fund industry experiencing significant growth, there is a growing demand for knowledgeable professionals who can guide and educate investors on mutual fund investments.
By becoming a mutual fund distributor in India, you can play a pivotal role in connecting investors with suitable mutual fund products while enjoying a rewarding and fulfilling career.
The MF Learn & Earn Program:
Aligned with the Association of Mutual Funds in India (AMFI)’s mission to increase mutual fund penetration in the country, PrepCafe Academy proudly presents the MF Learn & Earn Program. This program is specifically designed to support new entrants who aspire to make their mark in the mutual fund distribution space.
By joining this program, you will gain access to a wide range of benefits that enhance your knowledge, skills, and chances of success in the industry.
What’s Included:
1. Free Access to Online Self-Paced Training for NISM Series VA: Mutual Fund Distributors Certification:
Gain free access to a comprehensive online training course that covers the NISM Series VA syllabus. This self-paced training allows you to study at your own convenience, ensuring you grasp the fundamental concepts required to excel in the mutual fund distribution profession.
2. Free LIVE Training through Zoom:
Benefit from live training sessions conducted via Zoom, in addition to the online course. These interactive sessions provide a platform for you to engage with industry experts, ask questions, and deepen your understanding of mutual fund distribution. You will need to apply for the sponsorship by filling up the application form at the bottom of this article in order to start your journey to become a mutual fund distributor in India.
3. Free Reimbursement of NISM Exam Fees (₹1500):
Upon completion of the course and successfully clearing the mock tests, you become eligible for reimbursement of the NISM exam fees, amounting to ₹1500. This financial assistance ensures that your investment in your career is backed by support from PrepCafe Academy.
4. Free Reimbursement of ARN Fees (₹1770):
Obtaining an AMFI Registration Number (ARN) is mandatory for mutual fund distributors in India. As part of the MF Learn & Earn Program, PrepCafe Academy covers the entire ARN fee of ₹1770, enabling you to acquire this essential credential without any financial burden.
Now you know why becoming a mutual fund distributor in India is totally free 🙂
5. Assistance throughout the Program:
PrepCafe Academy is committed to your success. We offer guidance and support in various aspects, including exam scheduling, license application, and mentorship throughout the program. This personalized assistance ensures you have the necessary tools and resources to excel in your mutual fund distribution career.
Eligibility Criteria and Application Process:
To be eligible for the MF Learn & Earn Program, participants must be over 24 years of age and hold a graduate degree in any stream. Existing ARN holders are not eligible for this program, as it aims to support newcomers in the industry.
Registration for the program operates on a first-come, first-served basis. We have ongoing training batches scheduled every month, however, sponsorship budgets are limited and available after initial scrutiny of your application. Participants must appear for the exam within 30 days of enrolling in the batch.
Benefits of the MF Learn & Earn Program in becoming a Mutual Fund Distributor in India:
1. Skill Development:
The program provides comprehensive training that equips you with the necessary knowledge and skills to excel in the mutual fund distribution industry. Through the online self-paced course and live training sessions, you will gain a deep understanding of mutual fund products, regulations, investor behavior, and sales techniques.
2. Financial Support:
By joining the program, you receive financial assistance in the form of reimbursement for both the NISM exam fees (₹1500) and the mandatory ARN fees (₹1770). This support ensures that you can pursue your career goals without worrying about the financial burden associated with certification and registration.
3. Networking Opportunities:
Throughout the program, you will have the opportunity to connect with industry experts and professionals. This networking can prove invaluable as you build relationships with peers, mentors, and potential employers, opening doors to new career prospects and collaborations. Become a mutual fund distributor in India and avail networking opportunities with like-minded, motivated and enthusiastic businessmen.
4. Guidance and Mentorship:
PrepCafe Academy provides personalized assistance and mentorship throughout the program. Their experienced professionals will guide you through the exam scheduling process, help you apply for the necessary licenses, and offer ongoing support and guidance as you progress in your mutual fund distribution career.
Who Can Take This Program:
Aspiring Mutual Fund Distributors:
If you have a keen interest in the financial services industry and aspire to build a rewarding career as a mutual fund distributor in India, this program is perfect for you. It offers the necessary training and support to jumpstart your journey and increase your chances of success in the field.
Graduates from Any Stream:
The MF Learn & Earn Program welcomes participants from diverse academic backgrounds. Whether you hold a degree in commerce, arts, science, or any other field, this program provides the necessary training to bridge the gap between your educational qualifications and the mutual fund distribution industry.
Individuals Seeking Business Opportunities:
If you aspire to start your own business in the financial services sector, mutual fund distribution offers a lucrative opportunity. By joining the program, you gain the knowledge, skills, and financial support required to establish and grow your own mutual fund distribution business.
Career Switchers:
If you are currently working in a different industry but wish to transition into the banking and financial services sector, the MF Learn & Earn Program can serve as a stepping stone. It equips you with the necessary qualifications and knowledge to make a successful career switch into mutual fund distribution.
Insurance Agents:
Insurance agents looking to expand their services and enhance their professional capabilities can benefit from the MF Learn & Earn Program. By adding mutual fund distribution to their portfolio, insurance agents can offer a more comprehensive range of financial products to their clients, increasing their earning potential and business growth.
Homemakers:
Homemakers who are interested in building a flexible and fulfilling career can also take advantage of the MF Learn & Earn Program. It provides an opportunity to gain financial knowledge, develop professional skills, and contribute to the family’s income while maintaining a flexible work schedule.
Conclusion:
The MF Learn & Earn Program by PrepCafe Academy presents an exceptional opportunity for individuals aspiring to thrive in the mutual fund distribution industry. With its comprehensive training, financial assistance, and ongoing support, this program sets you on the path to acquiring your AMFI Registration Number (ARN) for free.
Don’t miss out on this chance to kickstart your career and become a successful mutual fund distributor in India. Register for the program today and take the first step towards a rewarding and fulfilling future in the financial services industry.
Tags: become a mutual fund distributor in India for free, free mutual fund distributor in India
