The mutual fund distributor business has earned widespread popularity thanks to its transparent processes and the financial knowledge acquired by the clients.
It has also created a wealth of career opportunities for aspiring individuals. If you want to kickstart your career as a mutual fund distributor, you’ve come to the right place.
This article will explore the Best Mutual Fund Distributors in India. We will also examine why these brands stand out and the numerous benefits of collaborating with them.
So, without future ado, let’s dive into this comprehensive guide on the Best MFD Platform.
Best Mutual Fund Distributor Network in India – List of Top 10 Mutual Fund Seller Platform of 2025
| Si. No. | Best Mutual Fund Distributor in India |
| 1 | Motilal Oswal MF Distributor |
| 2 | NJ Mutual Fund Distributor |
| 3 | Prudent MF Distributor |
| 4 | Bajaj Finserv MF Distributor |
| 5 | Groww Mutual Fund Distributor |
| 6 | Geojit Mutual Fund Distributor |
| 7 | Funds India MF Distributor |
| 8 | ET Money MF Distributor |
| 9 | Paytm Money MF Distributor |
| 10 | Sharekhan MF Distributor |
Considering all the essential aspects an MFD must possess, we have curated this Top Mutual Fund Distributor list.
Furthermore, for any business to succeed and sustain itself, it is crucial to understand the client’s pulse. Also, it is essential to cater to them accordingly.
In addition, offering high-quality services is pivotal in maintaining client satisfaction. By focusing on quality and addressing clients’ needs, MFDs can quickly build trust.
Moreover, all these factors contribute to the success of an MFD and help position it as the best in the business.
Additionally, these MFDs are keen to identify their target audience and develop outstanding marketing strategies that seamlessly grab clients’ attention.
In this article, let us explore the Best Mutual Fund Agent in India. Subsequently, by the end of this article, you will zero in on the best MFD to join as a seller.
Motilal Oswal MF Distributor
Motilal Oswal is the number-one mutual fund distributor in India.
Thus, for those seeking a career in the finance industry, doing MFD business with Motilal Oswal is an absolute reward.
The company offers its advisors a wide range of mutual fund products. Moreover, selling products from a MFD like Motilal instantly raises credibility and trustworthiness among clients.
Benefits of Becoming Motilal Oswal MF Distributor
Becoming a part of the Best Mutual Fund Distributor Network in India gives many benefits.
- Firstly, MFDs can be part of an extensive distribution network comprising over 3,000 professionals.
- Also, any finance enthusiast can become an MFD with a minimal investment of Rs.1.15 lakh to 1.25 lakh.
- Furthermore, Motilal Oswal offers a decent commission of 1% to 2% of AUM.
- Moreover, the average monthly profit is going to be Rs.81,491.
- In addition to this, with a dedicated dashboard, MFDs can easily access various reports.
- Furthermore, this brand offers an optional office set-up and basic amenities, making it easy for an individual to start an MFD business.
- Above all, regarding support, the company offers dedicated RM, product training, advisory, etc.
NJ Mutual Fund Distributor
NJ Mutual Fund Distributor is the top mutual fund distributor platform in India, and it secured the second spot on our list.
The company offers its clients access to a broad portfolio of mutual fund products.
With a distribution network of over 5,000 professionals, it has built trust among individuals and established itself as a leader in the mutual distribution business.
Benefits of Becoming NJ Mutual Fund Distributor
Let us look into the benefits offered to NJ Mutual fund distributors:
- First and foremost, with an approximate investment of Rs.1.4 lakh to Rs.1.55 lakhs, individuals can start as an MFD with the NJ company.
- Also, the company offers its MF sellers a revenue sharing of 1% to 2% of AUM.
- Moreover, you can start the business with a one-time distributorship fee of Rs.7,000.
- Furthermore, the monthly office expenses range between Rs.40,000 and Rs. 55,000.
- On the other hand, NJ MF offers different dashboard features, including a leads report, client payment report, monthly payment report, etc.
- Also, it has auto debit request—SIP, client portfolio report, and lead addition link.
- In addition, the company offers products such as SIPs, Lump Sums, Direct MFs, PMS or PCGs, equity, etc.
Prudent MF Distributor
Become your boss by joining hands with Prudent MF Distributor. Also, with numerous growth opportunities, you can take your business to the next level and make a steady income.
Moreover, you can help clients achieve their financial goals as an MFD. The MFD can use the extensive network and cutting-edge technology provided by Prudent MFD.
Also, with a customer-centric approach, the company occupies the front seat in offering MF distribution services.
Benefits of Becoming a Prudent MF Distributor
Prudent is one of the Best MFD Platforms in India. We have curated some benefits an MFD can enjoy by partnering with the company.
- Firstly, individuals associated with Prudent MFD can instantly access real-time portfolio valuation.
- Also, they can access dividend income, capital gain/loss, and other information.
- Secondly, a dedicated relationship manager will be provided to handle all your investment and service needs.
- Moreover, the distributors can provide readymade solutions to their clients. It happens through financial calculators, readymade portfolios, bright schemes combo, etc.
- In addition, With the help of Partner Desk, web and app, individuals can manage everything online.
- Furthermore, becoming a Prudent MFD offers promise in earnings and growth.
Bajaj Finserv MF Distributor
Individuals with good investment knowledge can join the Bajaj Finserv MF Distributor business.
Moreover, this brand’s mutual fund agents can effortlessly sell diverse mutual fund products to clients under the brand name.
Also, the company offers dedicated tools and training to individuals. This will further help them hone their skills and tackle the business effectively.
Benefits of Becoming a Bajaj Finserv MF Distributor
Bajaj Finserv is the Top MFD Network in India, with 1000+ professionals in its distribution network. Let us explore the benefits here:
- Like other distributors in previous positions, Bajaj Finserv offers its agents 1% to 2% of AUM.
- Apart from this, the payout time is usually 30 days, a boon for the advisors.
- Also, breakeven is only 2 to 3 months, so it is easy for the newbie distributors to manage.
- Moreover, to start an MFD business, you must have a laptop or computer and a mobile or telephone connection.
- Above all, the company offers dedicated RM, ARN generation, client acquisition, product training, advisory support, etc.
Groww Mutual Fund Distributor
If you are a finance enthusiast who likes to stay committed to managing customers’ wealth, you can join Groww MFD business.
Unquestionably, the company is entirely tech-driven and helps you scale up quickly.
Also, with over 1,000+ distributors partnered, the company has been thriving to lead the finance industry with its ultimate MFD products and services.
Benefits of Becoming a Groww Mutual Fund Distributor
Here are some benefits of becoming an MFD with Groww, the Best Mutual Fund Advisor in India.
- Firstly, the company offers a revenue sharing of 0.75% to 1.5% of AUM.
- On the other hand, there is no distribution fee to start as an MFD with Groww, and office expenses do not exceed 25,000 per month.
- Also, individuals can enjoy the return on investment in just 1 to 2 months.
- Moreover, Groww offers its partners dedicated RM support, ARN Generation support, product training, acquisition support, webinars, advisory support, etc.
- Above all, an individual with NISM certification can easily start their career in the MFD business.
Geojit Mutual Fund Distributor
In our top 10 list of mutual fund distributors, Geojit Mutual Fund Distributor is sixth.
With its extensive product range and services, it has secured the trust of millions of loyal customers.
Moreover, it quickly rose to fame as a Top Mutual Fund Agent Program in India.
Benefits of Becoming a Geojit Mutual Fund Distributor
Take a look at the benefits of partnering with Geojit MFD.
- At this time, an individual can start the MFD business with an approximate investment of Rs.28,000 to Rs.88,000.
- Indeed, the average monthly profit the MFD can earn through this company is Rs.68,840.
- Subsequently, with a payout time of 30 days and a breakeven time of 1 to 2 months, MFDs can be at less risk.
- Also, the company offers a referral bonus of Rs.200 per client acquisition.
- Moreover, distributors can access many dashboard features, such as Auto debit requests, monthly payout reports, and client payment reports.
- Furthermore, individuals can sell products such as SIPs, Lumpsums, Direct MFs, PMS or PCGs, etc.
Funds India MF Distributor
Funds India is yet another reputed mutual fund distributor network in India.
First and foremost, the company’s brand name makes it easy for budding distributors to acquire new clients and strengthen their client base.
Moreover, the company offers dedicated support and training to its distributors. Even so, the company does not provide a bonus for client acquisition; an MFD can enjoy many other benefits.
Benefits of Becoming a Funds India MF Distributor
Let us look at the benefits that made Funds India a Top 10 Mutual Fund Distributor Platform in India.
- Previously, the company had over 150+ professional distributors working for it, which is growing daily.
- Also, the distributor receives a commission of 0.6% to 1.2% of AUM for successfully selling a mutual fund product.
- Moreover, this company offers an optional office setup. However, a telephone, laptop, and CCTV are compulsory.
- Subsequently, the company will provide various kinds of support to the MFD. This includes ARN generation, product training, advisory support, marketing support, etc.
- Above all, aspiring MFDs must attain NISM certification to sell the company’s products and services.
ET Money MF Distributor
ET Money needs no introduction, so it made our list of the best mutual fund distributors.
Nevertheless, its tech-savvy features have earned it immense support from individuals.
Moreover, simplifying investments and introducing innovative tools has made financial management seamless.
Also, its personalised recommendations made it quite popular among busy investors.
Benefits of Becoming an ET Money MF Distributor
Let us explore the benefits of ET Money being one of the best mutual fund distributors in India.
- Firstly, with a total distribution network of 400+ distributors, it is a great business idea to explore.
- Secondly, individuals can start a business with almost zero investment, which may go up to Rs.50,000.
- Thirdly, the revenue sharing at ET Money is 0.6% to 1.2% of AUM.
- Subsequently, the distributors can earn a total AUM of 82,56,000 for 960 active SIP clients.
- Furthermore, the distributor will have access to a functional dashboard to view auto-debit requests, lead reports, monthly payout reports, and more.
Paytm Money MF Distributor
Paytm Money has become a household name with its diverse offerings.
In addition, it has become a Top Mutual Fund Agent Network in India.
Also, it has a successful footing in the mutual fund distribution business. Besides, if you want to try your hand as an MFD with Paytm, you will have access to many features.
Moreover, it is super easy to establish a business and acquire clients under the company’s umbrella.
Benefits of Becoming a Paytm Money MF Distributor
Check out the benefits of becoming a Paytm Money MF distributor here.
- First and foremost, if you partner with the Paytm Money MF program, you will join already existing and established 1000+ distribution network professionals.
- Also, the company offers a decent commission of 0.75% to 1.5% of AUM.
- Moreover, individuals can earn around Rs.74,040 as a monthly average profit.
- Besides, the distributors can earn a commission of Rs.250 for acquiring new clients.
- However, there are no distributorship fees at Paytm Money.
- In addition, with 22 active lumpsum clients, the distributor can earn an approximate net profit of 74,040 per month.
Sharekhan MF Distributor
Sharekhan MF Distributor also secured a spot on our list and became a Top 10 Mutual Fund Distributor in India.
Moreover, the company has long been known for offering trusted services and has been a leading force in many financial sectors.
It should be noted that, even in the MF distribution business, its unconventional features and offerings have secured a top spot.
Benefits of becoming Sharekhan MF Distributor
Let us look at some benefits of becoming a Sharekhan MF distributor.
- Firstly, Sharekhan has a vast network of around 7000+ professional distributors working under its name.
- Moreover, an individual can establish a business with an approximate investment of Rs.98,000 to 1,28,000.
- Also, Sharekhan does not offer a referral bonus to its distributors. However, it provides a revenue sharing of 0.75% to 1.5% of AUM.
- Furthermore, with Sharekhan, the distributors can make an expected net profit of 65,620 with an average of 25 clients.
- In addition, the company lends its unconditional support through ARN generation, RM support, etc.
Best MF Distributor with High Commission
| High Commission | |
| Motilal Oswal | 1% to 2% |
| NJ | 1% to 2% |
| Bajaj Finserv | 1% to 2% |
| Groww | 0.75% to 1.5% |
| Geojit | 0.75% to 1.5% |
| Paytm Money | 0.75% to 1.5% |
| Sharekhan | 0.75% to 1.5% |
| Prudent | 0.6% to 1.2% |
| Funds India | 0.6% to 1.2% |
| ET Money | 0.6% to 1.2% |
Firstly, we have categorised the mutual fund distributors based on the commission they offer. So, check out the MFDs as per their high commissions in the table below.
Motilal Oswal is the best MFD with a high commission, offering 1% to 2%. NJ and Bajaj Finserv have secured the second spot by providing the same commission percentage.
Additionally, Groww and Geojit took fourth and fifth places with 0.75% to 1.5% commission.
Moreover, interested individuals who want to join these top 5 high commission-paying distributing companies can explore rewarding opportunities to build a successful career in the financial services industry.
Top MF Advisor at Low Investment
| Low Investment | |
| Groww | Zero Investment |
| Paytm Money | Zero Investment |
| ET Money | Zero Investment |
| Funds India | Rs.5,000 |
| Prudent | Rs.25,000 |
| Geojit | Rs.28,000 |
| Sharekhan | Rs.98,000 |
| Motilal Oswal | Rs.1.15 Lakh |
| Bajaj Finserv | Rs.1.3 Lakh |
| NJ | Rs.1.4 Lakh |
If you want to start a distributor business and know the Top MFDs with Low Investments, you can review the table below.
The table clearly shows the distributors with the lowest investment options. Groww is the first on our list with zero investment, followed by Paytm Money and ET Money.
However, all these three MF distributor companies offer zero investment options to start as an MFD.
If you are willing to invest a small amount to start your own business, you can collaborate with Funds India. The minimum investment is Rs.5,000.
The following low-investment distributor is Prudent, which requires an initial investment of Rs.25,000.
Best Mutual Fund Seller with Large Network
| Large Network | |
| Sharekhan | 7000+ |
| NJ | 5000+ |
| Motilal Oswal | 3000+ |
| Geojit | 1500+ |
| Prudent | 1000+ |
| Bajaj Finserv | 1000+ |
| Groww | 1000+ |
| Paytm Money | 1000+ |
| Funds India | 150+ |
| ET Money | 400+ |
Having a gigantic network of professionals clearly shows the trust it has built in the business. Here, let us examine India’s Best Mutual Fund Seller with an extensive network.
According to our research, Sharekhan holds the crown with over 7,000 professional distributors. Furthermore, the second place is NJ MFD, with 5000+ distributors working under it.
While Motilal Oswal takes the third spot with 3000+ distributors, Geojit settles for fourth place with 1500+ distributors.
On the other hand, Prudent, Bajaj Finserv, Groww, and Paytm Money each have 1000+ distributors. Funds India currently has 150+ distributors, while ET Money has 400+ distributors.
Top MFD Platform with High Expected Income
| High Expected Income | |
| NJ | Rs.82,595 |
| Motilal Oswal | Rs.81,491 |
| Paytm Money | Rs.74,040 |
| Bajaj Finserv | Rs.73,375 |
| Geojit | Rs.68,840 |
| Groww | Rs.68,000 |
| Sharekhan | Rs.65,620 |
| Prudent | Rs.63,416 |
| Funds India | Rs.63,224 |
| ET Money | Rs.59,736 |
Any business enthusiast would undoubtedly dream of making modest earnings. However, the earnings potential of a mutual fund distributor business is impressive, particularly when the industry is booming.
The table below shows the Best Mutual Fund Seller Platform in India with high expected incomes. Furthermore, income is a crucial factor for any distributor.
For instance, NJ allows individuals to earn up to Rs.82,595. Likewise, a Motilal Oswal MFD can earn up to Rs.81,491 monthly.
Paytm Money follows next, allowing its distributors to earn up to Rs. 74,040. Additionally, Bajaj Finserv ranks fourth with an expected income of Rs. 73,375, while Geojit secures fifth place with Rs. 68,840.
Top Mutual Fund Agent Platform with Great Support
While many distributor companies operate in the mutual fund business, it is crucial to identify the Top Mutual Fund Agency in India that provides top-notch support to partners.
First, Motilal Oswal consistently leads the way in lending unparalleled support to its agents, securing first place on our list.
Similarly, Bajaj Finserv follows closely, providing dedicated support for RM, ARN Generation, acquisition, product training, etc.
Furthermore, NJ occupies the third position, delivering support for all these features. Meanwhile, Sharekhan and Geojit take fourth and fifth spots, respectively.
Additionally, they both stand out by offering comprehensive services and robust customer support to meet their investors’ needs effectively.
Best Mutual Fund Distributor in India – Conclusion
Knowing the Best Mutual Fund Distributor in India before getting started is a good idea for an aspiring individual aiming to build a successful career in the field.
Furthermore, this article sheds light on all the significant aspects that contribute to creating a successful mutual fund distributor business.
Additionally, you can closely evaluate all the factors, such as low investment, high commissions, an extensive network, firm support, and high expected income.
Ultimately, these considerations will help you decide which platform to join in establishing your own mutual fund distribution business.
FAQs related to Top 10 Mutual Fund Distribution Platforms
These are the frequently asked questions that we have answered for you. Please have a read!
Which is the Best Mutual Fund Distributorship in India?
After considering all essential factors, Motilal Oswal is India’s best Mutual Fund Distributorship program.
What is the average cost of becoming an MFD?
A few MFD companies allow sellers to join the mutual fund distributor business at zero cost.
Which MF Agent Program has a Great Support Structure?
Motilal Oswal stands firm when offering unwavering support to MF agents under the MFD program.
How much does a mutual fund advisor earn?
A mutual fund advisor can earn between Rs.50,000 and Rs.82,595. However, the earnings depend purely on the distributor company the advisor has partnered with.
Which Mutual Fund Distribution Network charges low Investment?
Mutual fund distribution network companies like Groww, Paytm Money, and ET Money require zero investment to start a business, making them attractive choices for aspiring agents.
Is MFD Business a good career option?
Of course, yes. The MFD Business is undoubtedly a good career option for finance enthusiasts. Moreover, it appeals to those who enjoy guiding clients to make intelligent investments.
Which MFD Platforms provide high commission?
Motilal Oswal is undoubtedly the leading MFD company, offering high commissions to its distributors. NJ and Bajaj Finserv follow it.
What are the monthly expenses of the MFD business?
However, the monthly expenses of an MFD business differ from company to company. Therefore, the minimum monthly expense is Rs.25,000, which can exceed Rs.50,000.
How do you become a mutual fund agent in India?
Firstly, to become a mutual fund agent in India, the individual must qualify for the NISM exam. Also, he must apply for ARN and partner with AMCs to become a distributor.
Which Mutual Fund Seller has the Largest Network?
Sharekhan is the largest mutual fund distributor and has the largest network. Moreover, the organization includes more than 7,000 professionals.