Bandhan Mutual Fund is one of the prominent fund houses in India, with a loyal customer base. They have a range of investment products in which investors can invest. By becoming a Bandhan mutual fund advisor, you can help your clients invest in Bandhan fund schemes and earn high commissions at the same time.  

So, if you are still wondering whether you should choose this way or not, we’ll find an answer by the end of this article. 

Why Become a Mutual Fund Advisor?

There are many benefits that you can avail by stepping into the financial world as a mutual fund advisor, such as:

• High Commission: Bandhan Mutual fund advisors earn very high commissions every time they help a client make a mutual fund investment. So, if you are looking forward to increasing your earnings, this is a good side hustle option. 
• Flexible Working Hours: You can work for as long as you want, from wherever you are — being a bandhan mutual fund advisor gives that level of flexibility. This can be particularly good for you if you seek a good work-life balance. 
• Professional Development: As a bandhan mutual fund advisor, you will get many opportunities to grow in your professional career. Joining different training and certification programs can help you gain knowledge and expertise in mutual funds. 
• Long-Term Growth: Investors stay invested in mutual funds for a long run, meaning you’ll have consistent clients and a long-term growth opportunity. So, it provides you the opportunity to take time and make a stable income. 

How To Become a Bandhan Mutual Fund Advisor?

Bandhan Mutual Fund is a widely known AMC and fund house in India, known for their wide range of investment products. Their customer-centric approach in the market makes them trustworthy among investors. 

It takes only three steps to become a Bandhan mutual fund advisor, which include:

Step 1: Clear the NISM Exam

The first step to become a Bandhan mutual fund advisor is to clear the (National Institute of Securities Market) NISM Mock Test exam. The exam also includes passing the MFD model.

This exam covers various aspects of the financial course such as mutual fund basics, types of mutual funds, risk and returns, legal and regulatory aspects, and sales and distribution strategies. 

Step 2: Get the ARN Code

Once you’ve passed the NISM Certification exam, you have to apply for an Association of Mutual Funds in India (AMFI) Registration Number, also known as an ARN Code. An ARN code is a unique identification number for mutual fund advisors, alloted by AMFI. 

To apply for an ARN Code, you have to fill out an application form on the official website of AMFI. You will be required to enter details such as your name, permanent address, contact details, and proof of identity, and then submit the form.

Step 3: Register with an AMC/Advisor

Lastly, you will have to register with an Asset Management Company (AMC), such as the Bandhan Mutual Fund. Or, you can also register with an advisor who deals with Bandhan mutual fund schemes. Thereafter, you will be eligible to help investors invest into mutual fund schemes and earn commissions. 

Role of a Bandhan Mutual Fund Advisor

A bandhan mutual fund advisor is responsible for helping their clients understand the best mutual fund schemes as per their objectives and invest into them. Here are some responsibilities of a bandhan mutual fund advisor:

• Understanding client’s objectives: Bandhan mutual fund advisors must understand their client’s financial objectives and risk tolerance and advice fund schemes based on that. It includes considering their risk appetite, investment horizon, and financial objectives. 
• Providing clear advice: A bandhan mutual fund advisor must explain various mutual fund schemes to their client along with the benefits and risks associated with each scheme. They also must explain the suitability of a mutual fund to the investor as per their goals. 
• Assisting through the investment: Once the client has made a decision, it’s the advisor’s responsibility to help them complete the investment. Assist with the documents, application form, and KYC requirements. Explain all the procedures and regulations related to the scheme to the investor. 
• Post-investment services: The post-investment services include tracking and monitoring the performance of the fund, handling the account statements, and providing periodic reports of the fund. 

Why Should You Become a Bandhan Mutual Fund Advisor Through ZFunds?

ZFunds has a huge network of mutual fund advisors. So, if you are looking forward to becoming a Bandhan Mutual Fund advisor, ZFunds can help you grow at a good pace with our training and certification programs. 

In addition, for every investor you get, you make high commissions for every investment. 

Conclusion

Becoming a bandhan mutual fund investor doesn’t have to be lengthy and exaggerated. It can be a simple and easy process with a list of lucrative benefits. ZFunds can help you become a bandhan mutual fund advisor and build a stable income easily.