Are you prepared to set out on a path that could change the course of your financial life with a Free training?
Imagine a career as Mutual Fund Distributor where you not only advise clients on smart financial choices, but also create your own success path.
Welcome to the world of mutual fund distribution, a booming sector in India !!!!
In this post, we have an interesting offer for you—free training from Hrishi Computer Education in collaboration with the Banking Financial Services and Insurance Sector Skill Council of India to become Mutual Fund Distributor.
The Growing Mutual Fund Industry in India
India’s mutual fund industry has been on an impressive growth trajectory, and it shows no signs of slowing down. With an increasing number of individuals recognizing the benefits of mutual fund investments, the industry’s assets under management (AUM) have soared to new heights.
Source: Fisdom
According to the Association of Mutual Funds in India (AMFI), the mutual fund industry’s AUM stood at ₹46.27.81 lakh crore as of July 2023.
The MF Industry’s AUM has grown from ₹ 23.06 trillion as on July 31, 2018 to ₹46.38 trillion as on July 31, 2023, more than 2 fold increase in a span of 5 years. This growth presents a golden opportunity for those looking to enter the world of mutual fund distribution.
The Mutual Fund Distributor Career Opportunity
Becoming a Mutual Fund Distributor is an opportunity to build a career and ensure your financial independence in long term.
Mutual Fund Distributors play a crucial role in assisting people and companies in making better investment decisions for wealth creation.
As a Mutual Fund Distributor, you have various options here. You can either join a national distributor as a sub-broker or you can setup your own distribution business starting as individual and eventually setting up bigger company and provide employment to others.
How to become Mutual Fund Distributor?
One essential step in starting this profitable journey is getting certified as a Mutual Fund Distributor.
This certification is achieved by passing the “NISM Series V-A Exam for Mutual Fund Distributors.” This examination, conducted by the National Institute of Securities Markets (NISM), equips you with the knowledge and skills required to excel in the field.
Here are the steps:
- Register at the NISM website for the examination
- Attend a training program for preparation
- Schedule your examination at NISM website
- Appear for the examination
- After clearing the examination, register at AMFI website to get ARN (AMFI Registration Number).
- Empanel with Mutual Fund companies or Asset Management Companies (AMCs) or with a National Distributor like NJ, Wealthy etc.
- You have now become a Mutual Fund distributor and can start selling Mutual Funds
Need of Structured Training
For passing the examination, one needs to thoroughly study the material provided by NISM after registration. There is a need of structured training to ensure that you pass the examination in your first attempt. Here the training provided by Hrishi Computer Education is very helpful.
How to attend the Free training and get NISM Series V-A certified?
The good news is that you can access the necessary training to succeed in this examination and become a Mutual Fund Distributor for FREE!
Banking Financial Services and Insurance Sector Skill Council of India, in collaboration with Hrishi Computer Education, is offering a comprehensive training on Mutual Fund distribution and the NISM Series V-A Exam. This initiative helps to empower aspiring Distributors and boost the growth of the industry.
Hrishi Computer Education, a trusted name in the realm of financial education, provides a tailored online training course that prepares you to ace the NISM Series V-A Exam. Here’s how it works:
You need to initially pay for the training and certification fee and when you clear the exam in the first attempt with more than 50% marks, your fees will be refunded back to you. Thus the training becomes free.
Free Online Training Details to Become Mutual Fund Distributor:
Hrishi Computers has a group of good trainers who have background and experience in the Mutual Fund Industry, and they conduct online classes.
They have a good platform where the trainings recordings are available after the session, and they have a comprehensive set of Mock tests to prepare you for the exam.
There are 12 modules in this training. They will provide you the study material also for the exam.
Mock Test get you fully prepared for the exam. You are sure to pass the exam after attempting all the mock tests. Every day one needs to devote at least 1-2 hours to study the online material and attempt the various online practice tests. These are provided by Hrishi Computers on their online portal.
Appear for the NISM Examination to become mutual fund distributor
The examination is conducted offline in the NISM premises near your location. These canters are listed at the NISM website.
The NISM examination has 100 multiple choice questions. The passing percentage is 50% to clear the exam and get the NISM VA Certificate.
Online Mentoring: Guidance Beyond the Exam
After the training, they also conduct mentoring sessions for starting your journey as Mutual Fund Distributor. It can cover topics like whether
- you want to do the business individually on your own as individual or
- join a National Distributor and become its sub-broker or
- if you have resources, you can setup your own full-fledged Mutual Fund Distribution company.
These mentoring sessions are very useful for the beginners.
Online Support: To resolve your issues
Hrishi Computer Education’s commitment to your success extends beyond training and mentoring. They offer unwavering support for any issues you may encounter during the process.
From assistance with NISM site registration to exam scheduling and obtaining your AMFI Registration Number (ARN), they’ve got you covered.
They also provide support for online empanelment with Mutual Fund Companies and more.
How to apply For Free Training? How to contact Hrishi Computers?
Getting started on this exciting journey is straightforward. You can apply for the training program by visiting their official Hrishi Computer Education website:
https://www.hrishicomputer.com/nism-series-v-a—mutual-fund-distributor
Address
204,207, Vardhman Shopping Center,
Above Tugareshwar Sweet Mart,
Vasai- (W) – 401202
Phone: 0250 2349980 / 8149688117
Conclusion
Don’t miss this opportunity to transform your career and financial prospects. With the right training and support, you can become a successful Mutual Fund Distributor and embark on a rewarding journey towards financial independence.
In conclusion, the path to becoming a Mutual Fund Distributor in India is both rewarding and accessible. The growing mutual fund industry presents an ideal environment for those seeking a fulfilling career with the potential for significant financial gains.
The NISM Series V-A Exam is your gateway to this world, and the free training offered by Hrishi Computer Education makes it an attainable goal for aspiring Distributors.
Next Steps:
After you get certified in NISM Series V-A Mutual Fund Distributor Examination, you need to apply for ARN at AMFI website. Following article describes all about ARN.
How to get ARN number after NISM Exam? How to apply for ARN?
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