July 16, 2024: ZFunds, a leading mutual fund distribution platform announces the launch of NISM VA training program to equip aspiring mutual fund distributors with the necessary skills and certifications to excel in the industry. This program will offer a free of cost NISM certification training course, commencing in July and running through subsequent months in batches. The training program is designed to prepare participants for the NISM VA Certification, a critical credential for those seeking to get into the distribution of mutual funds.

Manish Kothari, Co-founder and CEO of ZFunds, emphasized the significant shortage of mutual fund distributors in India, with only 1.52 lakhs mutual fund distributors and the pivotal role that such training programs play in bridging this gap. " There is a growing trend of investor interest in mutual funds in India, indicating a desire to participate in the capital markets. As more individuals seek to invest their savings, there is a corresponding need for reliable and professional advice to navigate the complexities of mutual fund investments. The training program initiated by ZFunds aims to address this need by providing comprehensive education and certification to individuals who wish to become mutual fund distributors. The program will not only contribute to the development of the mutual fund distribution ecosystem but also provide valuable opportunities for individuals looking to enter this profession.” 

The program, which began in July, will offer new batches each month, ensuring a steady stream of well-trained and certified mutual fund distributors to meet the increasing market demand. Over 150 participants enrolled in the first online batch. This initiative represents a strategic investment in the future of the mutual fund industry, promoting informed investment practices and aiding in the growth of a robust financial services sector in India.

Interested candidates can click here to enroll for the training program. 

About ZFunds: 

ZFunds is on a mission to make mutual funds Sahi* (Right) and Asaan* (Easy) for India. The company was founded by Manish Kothari and Vidhi Tuteja in the year 2020.ZFunds firmly believes that the human-to-human model, with technology as an enabler is the way forward for large segment of “digital-refusers” who need guidance and expertise to handle their finances. While digital channels have emerged as the go-to channel for the industry, the transaction-only platforms are challenged to increase the penetration in these markets. The advisor app launched by ZFunds in 2020 provides access to right savings and investment products to consumers PAN India. The company has over 10000 micro entrepreneurs advising 60000+ customers in 600 cities and towns.