Mutual Fund Distributor

NJ provides you with online study material, online training, self-online learning videos, mock tests, revision sessions, etc., to clear the NISM Mutual Fund VA Exam. You need to study at least 1 hour a day for a week to clear the exam.

Watch Video

After clearing the NISM Mutual Fund VA Exam, you need to apply for an ARN license from CAMS and pay the requisite fees to CAMS. You can apply for ARN only if you are above 18 years of age. The NJ team will assist you in the ARN application process.

If you're a Value Pack candidate (Non-ARN Holder), then it mostly depends on how much time you take to prepare for the NISM exam. Assuming that you clear the exam within two weeks, you can start your business before the third-week ends.

For a Non-Value Pack candidate (ARN Holder), you can start your business after 24 hours of your registration with NJ Wealth.

Watch Video

1. The exam has a total of 100 questions of 1 mark each.
2. Passing marks are 50.
3. There is no negative marking.

Watch Video

No, there is no annual membership fee. NJ charges a one-time subscription fee of Rs.5000, which is refundable subject to the fulfilment of minimum business criteria within 3 months of enrollment.

Watch Video

The NJ Value Pack fees are non-refundable.

Watch Video

Key reasons to associate with NJ Wealth :

1. One of India's largest mutual fund distributor, has a mobilised AUM of Rs 2.04 Lakh Crore as of 30 April 2024.
2. There are more than 38,000 mutual fund distributors associated with NJ across the country.
3. Opportunity to sell a wide range of products.
4. 360-degree business development support like a dedicated sales manager to grow your business, marketing and sales support, research support, technology support for you and your clients, training and development, research support, customer care support etc.

NJ can give you comprehensive 360-degree business development support in terms of a dedicated Sales manager (one contact point), training & development, sales & marketing support, technology support, research support, query-solving, etc, to enhance your business. NJ Unit Manager will do joint calls with you, where you can invite your clients to online meetings with industry veterans. You will also get access to multiple training sessions at NJ to enhance your knowledge and sales skills.

Yes. Our platform is completely online. Hence, NJ partners can acquire clients across the globe. So, whether it's your classmate in Kanpur, a relative in Chennai, or an ex-colleague in Baroda, you can generate business from all of them online, sitting in your hometown.

NJ does digital sessions on investor awareness regularly with industry leaders for your potential clients, too.

Watch Video

NJ partners get a very competitive commission rate. There is complete transparency in the commission, and you can see all mutual fund schemes' commission rates and commission-paid statements at NJ Partner Desk anytime.

NJ partners also get more benefits under privilege categories like Silver, Gold, Platinum, etc. As your mobilised AUM grows, your category keeps upgrading automatically, and with that, your brokerage rates also automatically get revised upwards.

Brokerage paid by NJ is EXCLUSIVE of GST. If the partner is registered in GST, he can submit the invoice to us and the GST amount is reimbursed back to the partner. This process is also completely online, and no separate paperwork is required.

Above 18 Years.

Yes, that is possible. You need to follow the ARN change process.

Watch Video

You can definitely start this business as a part-time business along with your job or business, and once you start earning a good commission from the distribution business, you can start working full-time based on your choice. However, you need to give sufficient time to enhance your knowledge and meet your clients to grow your business.

There is no target for the mutual fund distribution business, but we expect you to do a decent business, attend regular meetings & training to enhance your knowledge and do business regularly. Your dedicated relationship manager will follow up regularly to keep you motivated and help you earn well through this business. We expect you to devote 2-3 hours per day, minimum, to develop this business.

Watch Video

We have a welcome contest specifically for new NJ partners where you need to fulfil any of the 2 below criteria within 3 months of partner enrollment, like Rs. 50000 Net SIP sales or 25 Lakh Net Equity Sales.

Watch Video

The registration process needs to be done through our website: https://njwealth.in/mf-distributor/index.php by registering yourself.

Watch Video

With NJ, you are associated with one of India's largest mutual fund distributor to build your own business. You can leverage NJ's highly experienced, dedicated, qualified, and experienced relationship manager for the distribution of multiple products and the development of your business. You can offer a wide range of product baskets to your clients under one roof online.

Moreover, various NJ tools help you grow and develop your mutual fund distribution business. 360-degree business development support like training & development, sales & marketing support, IT, research, query solving, etc is also available to expand your business.

With us, you can only focus on sales while we take care of the rest. NJ enrollment fee of Rs. 5000 is refundable subject to fulfilment of minimum business criteria within 3 months of enrollment

Watch Video