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Become a Mutual Fund Distributor with Wealthstreet

Mutual funds are among the most trusted investment choices in India. With rising financial awareness, the need for qualified professionals who can guide investors is growing rapidly.

Becoming a Mutual Fund Distributor (MFD) is a great opportunity to help people invest better while building your own steady income stream. With Wealthstreet’s digital-first platform, smooth onboarding process, and powerful tools, you can easily start and grow your distribution business.

Start Your Partnership with Wealthstreet Today

Fill in your details and begin your journey as a MFD.

What is a Mutual Fund Distributor?

A Mutual Fund Distributor (MFD) is a certified professional who helps investors choose and invest in mutual fund schemes that match their goals.
To work as a distributor in India, one needs to:
  • Clear the NISM Series V-A Mutual Fund Distributor Exam, and
  • Obtain an AMFI Registration Number (ARN) issued by the Association of Mutual Funds in India.

Once certified, MFDs can onboard clients, recommend suitable schemes, and earn commissions on the investments made through them.

Why become a Mutual Fund Distributor (MFD)?

Starting your journey as a Mutual Fund Distributor (MFD) is one of the easiest ways to enter the financial world and build a steady, growing income. It lets you help people make smarter investment choices while creating your own long-term business.
Earn more as you grow

Your income increases with every new investor you onboard and every investment made through you.

Regular monthly earnings

You earn trail income as long as your clients stay invested.

No big investment needed

You don’t need an office or large capital — just the right guidance and effort.

Freedom to work your way

Be your own boss, work from anywhere, and choose your own schedule.

Build a lasting business

Grow your client base and expand into other financial products over time.

Help others grow wealth

You guide people towards the right investment plans and become a trusted advisor in their journey.

Learn and evolve

Stay connected with markets, investments, and financial planning — skills that benefit you for life.

Steps to become a Mutual Fund Distributor in India

Step 1 — Meet the Eligibility Criteria
  • Minimum age: 18 years
  • Education: 10+2 or equivalent qualification
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Step 2 — Pass the NISM Mutual Fund Distributor Exam
You’ll need to clear the NISM Series V-A certification exam conducted by the National Institute of Securities Market (NISM).
This test ensures you understand mutual fund basics, products, investor services, and compliance rules.
Step 3 — Apply for ARN (AMFI Registration Number)
After passing the exam, apply to AMFI (Association of Mutual Funds in India) to get your ARN. This number officially registers you as a certified distributor in India.
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Step 4 — Get your ARN documents and ID card
Once approved, you will receive ARN details and an AMFI-issued ID card. You may also get an EUIN (Employee Unique Identification Number) if you plan to have employees or sub-agents.
Step 5 — Set up basic operations & compliance
  • Arrange for required KYC and transaction tools (digital KYC, UPI mandates, transaction interface, record-keeping).
  • Ensure you follow KYC, AML and other SEBI/AMFI compliance norms.
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Step 6 — Start onboarding clients and servicing portfolios
Once empanelled and compliant, begin onboarding investors, helping them complete KYC, setting up SIPs, and providing periodic portfolio updates.

How Wealthstreet Supports Its Partners

Wealthstreet helps new and experienced distributors scale faster with:

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  • Paperless onboarding and digital KYC
  • Quick ARN linking and compliance guidance
  • Access to multiple AMCs through one platform
  • Business management tools for client tracking, SIPs, and reports
  • Reward-based programs for active partners achieving milestones

Benefits of Joining Wealthstreet as an MFD

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Zero-Cost Onboarding

No registration or setup fees

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All-in-One Product Access

Mutual funds, equities, bonds, & more

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Flexible Client Accounts

Physical or Demat-based wealth accounts

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Dedicated Relationship Manager

Get personal assistance when needed

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Marketing & Business Growth Tools

Campaigns, creatives & client engagement support

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Digital Platform Advantage

iWealth App & WealthDesk for seamless transactions

FAQs – Mutual Fund Distributor with Wealthstreet

Anyone above 18 years with a minimum 10+2 qualification can become an MFD after clearing the NISM Series V-A exam and obtaining an ARN.

Yes! Wealthstreet helps you with the process of applying and getting your ARN approved.

Yes! Mutual fund distribution can be a part-time or full-time business with recurring income potential.

Earnings depend on the number of clients and their investment volume. With consistent effort, income can grow steadily over time.

No. Partnering with Wealthstreet is completely free.

ARN is valid for 3 years. You can renew it easily via AMFI.

No. With Wealthstreet’s digital platform, you can start from anywhere using your mobile or laptop.

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Wealthstreet refers to Wealthstreet Financial Services Private Limited. Wealthstreet Financial Services Private Limited, CIN: U74999GJ2016PTC094432, SEBI Reg No. : INZ000157331, Member of NSE(90118), BSE(6668) and MCX(55870). Wealthstreet Financial Services Private Limited acts in the capacity of AMFI Registered Mutual Fund distributor ARN – 118251 valid with effect from 30/10/2025 up to 08/01/2029.

Mutual Fund Investments are subject to market risks. Please read all scheme related documents carefully before investing. Investment in the securities involves risks. The user is required to undergo risk profiling before investing. Guided view is indicative in nature and is based on the information provided by the user voluntarily. Each user of this information should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred here (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. Past performance is not necessarily a guide to future performance.

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Broking and DP services offered by Wealthstreet Financial Services Private Limited under SEBI Registration No.: INZ000157331 (Member of NSE(90118), BSE(6668) and MCX(55870)) and IN-DP-CDSL-361-2018 (DP with CDSL). Investor grievance resolution team, Tel: 079-66775500, Email ID: grievance@wealthstreet.in. Name of the Compliance Officer for Trading & DP – Mr. Suren Pandya, Email ID: compliance@wealthstreet.in. Corporate Office: A – 1101, Mondeal Heights, S.G.Highway, Ahmedabad – 380015.; Tel. 079-66775500.

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