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How can I become a distributor?

To become a distributor of the products of mutual funds obtain an ARN code from the Association of Mutual Funds in India (AMFI) and get empanelled as distributor.

www.amfiindia.com

What is the process of associating with Essel Mutual Fund as a distributor?

To associate with Essel Mutual Fund, a distributor has to empanel with us. For empanelling, the distributor has to submit a duly completed Distributor Empanelment Form along with the mandatory documents to any of our Customer Service Centers.

Documents
Individual
Non-Individual
Self attested copy of PAN card
Self attested copy ARN card/AMFI registration certificate
Self attested copy of Proof of address
Copy of cancelled cheque
Original/Certified True copy of Memorandum and Articles of Association/Partnership Deed/Trust Deed/Bye Laws/Incorporate certificate Etc.
Original/Certified True copy of Board Resolution or original letter confirming that the organization is authorized to undertake distribution of Mutual Fund
Original/Certified True copy of Authorized Signatory List

Essel Mutual Fund will process the form and you shall receive an empanelment confirmation letter, along with all necessary material (forms, fact sheets, marketing material etc). This makes you eligible to offer our products and services to your client base.

Please note that the AMC reserves the right to accept or reject any application even after duly executed agreement is received by the AMC.

Can a distributor who has not obtained an ARN-code from AMFI distribute the products of Essel Mutual Fund?

No. Only AMFI-certified distributors can distribute the products of mutual funds. No brokerage will be paid in case where the investments are through non-certified distributors.

Distributors should be well versed with the regulations governing. Must Read:

SEBI Guidelines
AMFI Code of Conduct
AMFI Guidelines and Norms for Intermediaries

Downloads

Self Declaration Format

Distributor Empanelment Form