Why MBA CHAIWALA FAILED IN BUSINESS

 एमबीए चायवाला बिजनेस में क्यों फेल हो गया

Why MBA CHAIWALA FAILED IN BUSINESS 



I was about to make my post title :- 

"How do I stop MBA Chaiwala from coming on my IG feed?" No matter how many videos I check on "not interested" it keeps showing me MBA chaiwala motivational crap. 

First off, 

I cannot stand that guy. 

He is more of an influencer over an entrepreneur. He has many people seemingly in his office reposting his videos on his fan accounts. Just rubbish.

A true entrepreneur will not even bother to intimidate people on social media under the pretext of motivation. He just wants fans and attention. And that's fine. I don't want him to pop on my feed every second. I have never known about any of his cafes in Mumbai. But I have heard his cafe is overrated as well and it is good only for influencers. The actual food and tea is very average.

A complaint of fraud has been registered against MBA Chaiwala, who has emerged as an inspiration for all youths as a young entrepreneur. Yes, fraud cases have been registered against Prafulla Billaure and his brother Vivek Billaure's father Sohanlal, who started a startup in the name of MBA Chaiwala. Complaints of fraud have been registered regarding this from Indore to Prayagraj. These complaints have been made by different franchisees. Not only this, all of those who filed complaints are young. 

As Prafulla Billore had promised to his franchise customer that selling tea per day would be more than 10000, he had talked about 30-60% profit, but it could never happen that selling a normal tea per day would be 10. ,000, this clears one thing, Praful Billore kept everyone in the dark from the very beginning, let's assume for once that 10,000 worth of tea was sold daily, it is not possible because now if we talk about test tea So that's nothing special beyond average

All those who opened their franchise have filed a case against the company, the company has defrauded us.

mba Chaiwala's founder MR Billore has said  that everything is going well and someone is spreading rumors against his company that the company is doing fraud BUT there is nothing like that everything is right some people are spreading rumors and demanding money from them.

There is one thing which is very common in India, one who became famous through social media, people make him a hero and if he did 1-2 works, then he would have made him a star, the same happened with the founder of MBA Chaiwala, he used social media as normal. Became famous on social media by showing Tia stall's startup, then became a motivational speaker by taking help of tea business, and then became famous in youth, then started MBA Chaiwala's outlet, then by giving an unprofessional fraud business model, I only kept people in dhoka but Praful ji made a mistake.

They forgot that the business is not run by the name but by the best business management and by lying to the people and showing them big dreams, they started their outlets, all the outlets they opened were on the verge of closure after 2 months. Everything is in loss, a franchisee of Indore has filed a case against them, which has gone to the Prayagraj High Court.

All their outlets which were opened in today's date are getting closed slowly. The biggest failure of MBA Chaiwala is that they do not belong to the basic structure of professional franchise business, only use the fame of name.


एमबीए चायवाला बिजनेस में क्यों फेल हो गया


मैं अपनी पोस्ट का शीर्षक बनाने ही वाला था :- "मैं MBA चायवाला को अपने IG फीड पर आने से कैसे रोकूँ?" चाहे मैं "दिलचस्पी नहीं" पर कितने भी वीडियो देखूं, यह मुझे MBA चायवाला प्रेरक बकवास दिखाता रहता है। सबसे पहले, मैं उस आदमी को बर्दाश्त नहीं कर सकता। वह एक उद्यमी से अधिक प्रभावशाली है। उनके कार्यालय में कई लोग हैं जो उनके वीडियो को उनके प्रशंसक खातों पर दोबारा पोस्ट कर रहे हैं। बस बकवास।

एक सच्चा उद्यमी प्रेरणा के बहाने सोशल मीडिया पर लोगों को डराने की जहमत भी नहीं उठाएगा। वह सिर्फ प्रशंसक और ध्यान चाहता है। और वह ठीक है। मैं नहीं चाहता कि वह हर सेकंड मेरे फीड पर पॉप करे। मैं मुंबई में उनके किसी कैफे के बारे में कभी नहीं जानता। लेकिन मैंने सुना है कि उनका कैफे भी ओवररेटेड है और यह केवल प्रभावित करने वालों के लिए अच्छा है। वास्तविक भोजन और चाय बहुत ही औसत है।

युवा उद्यमी के रूप में तमाम युवाओं के लिए प्रेरणा बनकर उभरे एमबीए चायवाला के खिलाफ धोखाधड़ी की शिकायत दर्ज की गयी है. जी हां, एमबीए चायवाला के नाम से स्टार्टअप शुरू करने वाले प्रफुल्ल बिल्लौरे और उनके भाई विवेक बिलौरे के पिता सोहनलाल के खिलाफ धोखाधड़ी का मामला दर्ज किया गया है. इसको लेकर इंदौर से लेकर प्रयागराज तक धोखाधड़ी की शिकायतें दर्ज की गई हैं। ये शिकायतें अलग-अलग फ्रेंचाइजी ने की हैं। इतना ही नहीं शिकायत करने वाले सभी युवा हैं।

जैसा कि प्रफुल्ल बिल्लोरे ने अपने फ्रेंचाइजी ग्राहक से वादा किया था कि प्रति दिन चाय बेचने से 10000 से अधिक होगा, उन्होंने 30-60% लाभ की बात की थी, लेकिन ऐसा कभी नहीं हो सकता था कि प्रति दिन एक सामान्य चाय बेचने से 10.000 हो जाए, यह एक बात साफ हो जाती है, प्रफुल्ल बिल्लोरे ने शुरू से ही सबको अंधेरे में रखा, एक बार के लिए मान लेते हैं कि रोजाना 10,000 रुपये की चाय बिकती थी, यह संभव नहीं है क्योंकि अब टेस्ट चाय की बात करें तो यह औसत से कुछ खास नहीं है


जिन लोगों ने अपनी फ्रेंचाइजी खोली है, उन सभी ने कंपनी के खिलाफ केस किया है, कंपनी ने हमें धोखा दिया है।

mba Chaiwala के फाउंडर MR Billore ने कहा है कि सब कुछ ठीक चल रहा है और कोई उनकी कंपनी के खिलाफ अफवाह फैला रहा है कि कंपनी फ्रॉड कर रही है लेकिन ऐसा कुछ नहीं है कि सब कुछ सही है कुछ लोग अफवाह फैला रहे हैं और उनसे पैसे की मांग कर रहे हैं.

भारत में एक बात बहुत कॉमन है, जो सोशल मीडिया से फेमस हो जाता है लोग उसे हीरो बना देते हैं और अगर वो 1-2 काम करता तो उसे स्टार बना देता, ऐसा ही MBA के फाउंडर के साथ हुआ चायवाला, उन्होंने सोशल मीडिया का सामान्य रूप से उपयोग किया। टिया स्टॉल का स्टार्टअप दिखाकर सोशल मीडिया पर मशहूर हुए, फिर चाय के बिजनेस का सहारा लेकर मोटिवेशनल स्पीकर बने, फिर जवानी में मशहूर हुए, फिर एमबीए चायवाला का आउटलेट शुरू किया, फिर अनप्रोफेशनल फ्रॉड बिजनेस मॉडल देकर लोगों को ही फंसाए रखा धोखा लेकिन प्रफुल्ल जी से गलती हो गई।

वे भूल गए कि व्यापार नाम से नहीं बल्कि बेहतरीन बिजनेस मैनेजमेंट से चलता है और लोगों से झूठ बोलकर और उन्हें बड़े-बड़े सपने दिखाकर अपना आउटलेट शुरू किया, उनके द्वारा खोले गए सभी आउटलेट 2 महीने बाद बंद होने के कगार पर थे। सब कुछ घाटे में है, इंदौर की एक फ्रेंचाइजी ने उनके खिलाफ मुकदमा दायर किया है, जो प्रयागराज हाईकोर्ट में गया है.

उनके सभी आउटलेट जो आज की तारीख में खुले थे, धीरे-धीरे बंद हो रहे हैं। एमबीए चायवाला की सबसे बड़ी विफलता यह है कि वे पेशेवर फ्रेंचाइजी व्यवसाय के मूल ढांचे से संबंधित नहीं हैं, केवल नाम की प्रसिद्धि का उपयोग करते हैं।










#mbachaiwala, #linkedin, #motivation, #inspiration, #entrepreneurship, #startup, #linkedinforcreators



Magician Julius Dann, living in London, is famous for his Human Magic

 Magician Julius Dann, living in London, is famous for his Human Magic






Magician Julius Dann, living in London, is famous for his Human Magic

https://youtube.com/shorts/UEUORWOm8ls


विश्व प्रसिद्ध लन्दन के रहने वाले 23 साल के जादूगर  जुलियस डेंन अपनी इंसानियत की जादूगरी के लिए फेमस है।।इन दिनों भारत मे सड़को पर जादू की दरिया दिली दिखा रहे।।। आप भी देखे ख़ुशी गरीबो की....


Credit Access to Woman has DOUBLED !

 Credit Access to Woman has DOUBLED ! 

 


As per Transunion report Between 2017 to 2022 ,  Credit Access to Woman has DOUBLED !  Most important ,  woman business loan tripled in these 5 years 


Definitely this shows the Financial Inclusion a big agenda of country panning out well  where  States like Weat Bengal and Bihar,  leading for these growth 


Could we infer 

1) Woman aspiration picking up and they are voicing it being a formal borrower of the economy 


2) Woman holding premium Credit score so the better probability of Loan approval 


3) More MFI and NBFCs- MFI penetration who funds majorly woman borrowers 


4) More woman rising and empowered to be a scaled entrepreneur with all these scenarios ,the best part we are becoming more inclusive and empowered!



Artee Anshu 

"A Woman of Substance" 

A Mother,  a Banker and Impact Creator in Making

A Banker who striving to create mammoth Impact in Lending Space !

https://www.linkedin.com/in/artee-anshu-354b2861

##Success #Empowerment ##ThoughtfulARTEE

#banks #lending #success #empowerment #ThoughtfulARTEE


Axis Bank to scale up Digital Lending Unit

 


Axis Bank to scale up  Digital Lending Unit 


When Digital banking taking a spread all over the world , Axis Bank is preparing to give a scale to its Digital lending Unit ,Axis 2.0 will focus on true digitally generated business with zero paper, zero touch, zero intervention. the vertical will  operate as a digital bank within the bank and is a significant leap in technology and business model.

Artee Anshu 

"A Woman of Substance" 

A Mother,  a Banker and Impact Creator in Making

A Banker who striving to create mammoth Impact in Lending Space !

https://www.linkedin.com/in/artee-anshu-354b2861


##Success #Empowerment ##ThoughtfulARTEE

#banks #lending #success #empowerment #ThoughtfulARTEE





Next in Line to be Ruined by Ambani’s Jio Mart is the Bania Of India

 Next in Line to be Ruined by Ambani’s Jio Mart  is the Bania Of India 

अंबानी के जियो द्वारा बर्बाद की जाने वाली कतार में अगला भारत का बनिया है



Bania  बनिये  who has established hegemony in the Grocery Business in India.


Bania  बनिये  who is the biggest supporter of Modi ji.

Bania  बनिये  who makes 50 customers a day at their grocery stores by making complaints like surgical strike, Ram Mandir, Article 370 etc. to them.

Those become the same (retail grocery traders) who generally do not pay income tax, they also try to kill GST, but give donations and dedication funds to BJP on time and in full.

These baniyas are going to be punished by their owner's owner i.e. Mukesh Ambani through his Jio Mart.


Mukesh Ambani just made a big bang after Jio Mart  entered the field of retail.

Sold sugar for Rs.9 kg.

There was a huge discount on almost all the grocery items.

At present, it was a sale of 2-3 days, but it is certain that such sales will continue.

I saw great enthusiasm among the women I knew about this sale.

The most important thing about Jio Mart  is that there is no delivery charge and there is no minimum order limit.

If you want, sit at your home and order one kilo of sugar.

Mukesh Ambani decides the rules and conditions of the game himself.

Their game plan is that they do business after suffering losses for some time.

They make people addicted to cheap goods and then when a person gets a haram molar, then they collect money from him along with interest.

Seeing the atmosphere of Jio Mart , I can say with confidence that retail grocery traders will soon be a thing of the past.

These people who are called Seth today, these people will become delivery boys of Jio Mart  in 2-2 thousand rupees a month.

If Baniyas oppose this, they will be declared thief, dandimar, anti-national through BJP IT cell.

Zuckerberg also has a 10% stake in Geomart, so a strong atmosphere will be created for it on Facebook as well.

Well no one!

The sacrifices made for the united India and the Hindu nation have to be given.




अंबानी के जियो द्वारा बर्बाद की जाने वाली कतार में अगला भारत का बनिया है


भारत में किराना व्यवसाय में आधिपत्य स्थापित करने वाले बनिया बनिये।


बर्बाद होने का अगला नंबर बनियों का है।


वही बनिये जिन्होंने किराना व्यापार में आधिपत्य जमाया हुआ है।


वही बनिये जो मोदी जी के सबसे बड़े समर्थक हैं।

वही बनिये जो अपने किराने की दुकानों पर दिन में 50 ग्राहकों से सर्जिकल स्ट्राइक,राम मंदिर,धारा 370 जैसी बकैतियाँ करके उन्हें च...... बनाते हैं।

वही बनिये (फुटकर किराना व्यापारी) जो इनकम टैक्स तो सामान्यतः नही देते,GST मारने की भी जुगाड़ में रहते हैं पर भाजपा को चंदा और समर्पण निधि समय पर और भरपूर देते हैं।

इन बनियों को दंड देने जा रहे हैं इनके मालिक के मालिक अर्थात मुकेश अम्बानी अपने जिओ मार्ट के माध्यम से।


जिओमार्ट द्वारा रिटेल के क्षेत्र में प्रवेश करने के बाद मुकेश अम्बानी ने अभी बड़ा धमाका किया।

9 रुपये किलो शक्कर बेच दी।

ग्रोसरी के लगभग सभी आइटम्स में भारी डिस्काउंट था।

अभी तो खैर ये 2-3 दिन की सेल थी पर इतना तय है कि ऐसी सेल लगती रहेंगी।

इस सेल को लेकर मैंने अपनी परिचित महिलाओं में भारी उत्साह देखा।

जिओमार्ट की सबसे महत्वपूर्ण बात है कि इसमें कोई डिलीवरी चार्ज नही है और मिनिमम ऑर्डर की लिमिट नही है।

आप चाहें तो अपने घर पर बैठकर एक किलो शक्कर मँगवा लें।

मुकेश अम्बानी खेल के नियम व शर्तें खुद ही तय करते हैं।

उनका गेम प्लान होता है कि कुछ समय तक घाटा खा कर व्यापार करते हैं।

लोगो को सस्ते समान की लत लगवा देते हैं और फिर जब आदमी को हराम दाढ़ लग जाती है तब उससे ब्याज सहित पैसा वसूलते हैं।

जिओमार्ट का माहौल देखकर मैं यकीन के साथ कह सकता हूँ कि जल्द ही फुटकर किराना व्यापारी अतीत की बात हो जाएंगे।

ये बनिये जो आज सेठ कहलाते हैं ये लोग 2-2 हजार रुपये महीने में जिओमार्ट के डिलीवरी बॉय बनेंगे।

बनिये अगर इसका विरोध करेंगे तो उन्हें भाजपा IT सेल के माध्यम से चोर, डंडीमार,देशद्रोही घोषित कर दिया जाएगा।

जिओमार्ट में 10% का शेयर जुकरबर्ग का भी है तो फ़ेसबुक पर भी इसका जोरदार माहौल बनाया जाएगा।

खैर कोई नही!

अखंड भारत हिन्दू राष्ट्र के किये बलिदान तो देना ही पड़ता है।

और हमारे मोदीजी न्यायप्रिय आदमी हैं।

सबका बरोबर न्याय करेंगे।







How to Become a Mutual Fund Agent Step-by-Step By Urvashi Arya #Mutualfunds #mutualfundagent #Mutualfundadvisor #NISMExam #SIPs

How to Become a Mutual Fund Agent Step-by-Step

By Urvashi Arya


#Mutualfunds

#mutualfundagent

#Mutualfundadvisor

#NISMExam

#SIPs


These steps can be taken to become a Mutual Fund Agent:


Step 1: Applying to take the NISM exam


By visiting the NISM website, the prospective candidate must register for the NISM Series VA Mutual Fund Distributors Certification Examination (National Institute of Securities Market). The exam is offered at NISM facilities, and the registration cost is Rs. 1500 (excluding GST). The candidate can download the PDF file for exam preparation after completing the payment and, if the registration is successful, can also buy hard copies of the study materials from nearby bookstores or online retailers.


There will be no deducting marks for incorrect responses in the 100 MCQ questions that make up the exam. The candidate must receive at least 50%, or 50 points, to pass the test.


The applicants can study the subject matter using the NISM's study materials, and they can practice by taking any of the numerous practice exams or mock exams made accessible on NISM and other websites.


Step 2: Obtaining a passing score on the NISM mutual fund distributor exam:


The next stage for candidates would be to show up and pass the test. The results will be visible on the test screen just after the trial. The candidates can access the certification in electronic format on the NISM website, and a physical copy will be sent to the address they provide within 30 business days.


After completing the Series-V exam, the certificate will remain valid for three years. The CPE Program's 3-year validity period is likewise the same.


NISM Mutual Fund Distribution Certification Renewal


Anyone with one of the following mutual fund certificates who works in the mutual fund's sales or distribution is qualified to renew their certification:


(a) Mutual Fund Distributors Certification Examination, NISM Series-V-A


(b) Mutual Funds Distributors Continuing Professional Education: NISM Series-V-A


(c)Module for AMFI Mutual Fund (Advisors)


(d) IICM: Mutual Funds Refresher Course


(e) CIEL: Mutual Funds Refresher Course


By showing up and passing the NISM Series V examination or the NISM CPE Mutual Fund Distribution Program, they can revalidate or renew their license, which expires in a year.


Step 3: obtaining the ARN from AMFI 


The candidate must go through the necessary KYD (Know Your Distributor) process and apply to AMFI for an AMFI Registration Number to begin selling or providing mutual fund advice after passing the NISM distributor test. The candidate would have to fill out the ARN application form with information such as their PAN, identity information, NISM Distribution certificate number, and other facts.


According to the specifications, the properly completed forms must be submitted via CAMS-KRA (KYC Registration Agency) either physically (at the CAMS office) or electronically. The ARN number will be provided to the Mutual Fund Agent following the successful verification of the forms and papers, and the card will be delivered to the specified address within a few days.


Obtaining an AMFI Registration Number costs money.


Step 4: Registering with Distributors or AMCs 


The advisor can begin selling mutual funds to his clients and collecting commissions once he receives his ARN number. The mutual fund agent must now negotiate contracts with the AMFI distributors to sell the funds and collect commissions on them. The distributors would pay the agreed-upon commission on the mutual fund schemes that the agent marketed.


Also, the mutual fund advisor can directly contract with AMCs or fund houses as a distributor to sell their mutual funds.


It is preferable to connect with distributors to ensure the registration and documentation requirements are met while entering into agreements with various fund houses.


Commissions for Mutual Funds Advisors:


Many mutual fund schemes and Fund Houses or Asset Management Companies have varying mutual fund agent commission rates. Each AMC has its system for paying commissions to distributors, and they have also established several commission rates ranging from 0.1% to 2% for various category types, such as debt, equity, and hybrid.


The commissions are paid to the distributors every month by the AMCs based on the total Assets Under Managed, which is determined annually (including SIPs for the year and lump-sum investments). The expense ratio of the mutual fund scheme includes the commission that the AMC paid on the plan.


The commission varies throughout the cities as well. The trail commission is paid for the following in the mutual fund commission structure:


T-30 Cities: The AMCs would give the mutual fund schemes the same predetermined commission in these cities. For the first year, no additional incentive is given for investments or SIPs in mutual fund schemes. The commission is subject to quarterly adjustments by the AMCs or Fund Houses (before, an upfront commission was given to distributors for initially selling the plans for SIPs and Lump Sum).


2. B-30 Cities- The fund houses offer a specific incentive, the Master B-30 Incentive, where the AMCs would be paying extra incentive commission following the B-30 Cities' (below-top 30) investors.


Certain fund houses also provide specific incentives, such as additional SIP commission (upfront), paid to distributors or mutual fund agents for pitching new SIP investments of the mutual fund schemes. This is in addition to the trial commissions paid for the year. Only the amount of the first SIP that investors make is used to calculate the SIP additional commission.


Career as a mutual fund advisor:


The Indian mutual fund industry has expanded quickly during the past ten years. According to AMFI data, the overall AUM (Assets Under Managed) as of April 2020 is around Rs. 24 lac crores, up from Rs. 11.86 lac crores in April 2015, a two-fold rise in just five years.


By 2030, the Indian mutual fund industry hopes to have ten crore investors and an AUM of Rs—100 lac crores. The mutual fund sector has a wide range of options, as seen by the significant rise in the data on mutual funds. Further, there is a need for more fresh entrants into the market to serve the expanding clientele because there need to be more financial agents, advisors, or distributors to meet our nation's investors' needs.


Regarding salary, a career as a mutual fund advisor can be very lucrative. The advisors have limitless potential to increase their incomes because the commission collected grows along with the clients' numbers and the investments they make. 




How to Become an Adviser for Mutual Funds By: Urvashi Arya #Mutualfunds #Financialcareer #MutualfundAdvisor #SIPs #Financialadvice

How to Become an Adviser for Mutual Funds

By: Urvashi Arya


#Mutualfunds

#Financialcareer

#MutualfundAdvisor

#SIPs

#Financialadvice


Qualified experts known as mutual fund advisors advise investors on investing in mutual funds. By considering their risk tolerance, financial objectives, and investment horizons, among other factors, the advisors offer their customers or investors individualized financial advice. They would gain income by receiving commissions from distributors or fund houses to sell mutual fund schemes.


Mutual fund advisors provide their experience in choosing and creating a portfolio of mutual fund schemes that align with their investors' financial objectives. To do this, mutual fund agents must monitor the performance of numerous mutual fund schemes with diverse investment objectives and stay informed of significant financial market events that could affect the performance of the mutual funds.


They would continue to choose the finest funds for their clients' investments by adhering to a strict qualitative and quantitative approach. The advisors would also advise the investors on updating their portfolios after their initial investments, such as adding or removing schemes, increasing SIPs, pausing SIPs, etc., when they identify any market-related difficulties or potential opportunities that may help improve the client's wealth.


According to AMFI (Association of Mutual Funds in India) guidelines, passing the required "NISM Series VA Mutual Fund Distributors Certification" examination and obtaining an ARN number are prerequisites for becoming a mutual fund distributor or agent.


What function do advisors to mutual funds perform?


When interacting with or sustaining relationships with their clients to assist them in growing their money or achieving their financial goals through investments in mutual fund schemes, mutual fund advisors must take on various significant duties. An important function performed by a mutual fund agent is:


1. Recognizing the investors' financial demands


The mutual fund advisor must know the investors' clients' financial goals and demands. They must communicate with investors to ascertain their objectives and the time needed to achieve them. They only offer customers advice based on their investments' goals, such as retirement, wealth growth, preparing a child's further education, purchasing a car, or organizing a trip. Everyone has different financial needs, and to meet those needs on time, the investing strategy must align with those needs.


2. Informing investors:


The mutual fund representative must inform the investor about the financial products that fit their requirements well. The advisor may occasionally need to go in-depth with the investors to explain all the investment limitations they may encounter, such as the difference between the investor's ability to handle risk and willingness to take risk. Before recommending investments, it's critical to explain the risk-return characteristics of each investment product to the customer.


3. Assessing Investors' Appetite for Risk:


Evaluating the clients' or investors' level of risk tolerance is one of the most crucial responsibilities a mutual fund advisor must perform. The advisor may assess the investor's risk tolerance based on their marital status, number of children, income, monthly expenses, dependents, age, loans or EMIs, anticipated future expenses, investment horizon, financial objectives, and other considerations. Depending on their level of risk appetite, various investors are better suited for different assets.


For instance, it would be inappropriate to recommend small-cap equity funds to an investor with a low-risk tolerance due to the minimal necessary horizon. However, investors with a substantial risk appetite may be advised to invest in these funds.


4. Examining different investment possibilities


Although there are many different mutual fund investment options on the market, the advisor only needs to choose the best based on the investor's risk tolerance and financial objectives. Within the asset classes, such as equity and debt, mutual fund schemes are divided into numerous subcategories. The mutual fund advisor must evaluate the appropriate projects for his clients by looking at the performance indicators, comparing the system to its peers, and selecting the best ones.


Due to this, the mutual fund agent must be adequately informed of the financial markets and the economy's overall occurrences.


5. Portfolio Diversification


Diversification is crucial because it lowers total portfolio risk by distributing it across various investments. The advisor advises clients to allocate their funds among different mutual fund plans to reduce the portfolio's volatility.


The advisor conducts a great deal of study to determine the best investment possibilities across asset classes and within the categories that will be combined to build a portfolio. As a result, mutual fund advisors are crucial to portfolio optimization and risk reduction.


6. Keeping Financial Records Up to Date:


Ensuring the client's financial records is one of the mutual fund advisors' key responsibilities. The data might include information like MF Investment transaction details, holding details, income details, PAN card details, and other things that should only be appropriately utilized or shared with the client's permission. Advisers must keep track of all services rendered to clients, including invoices, information about the services supplied, and any other necessary papers.


7. Getting started as a mutual fund advisor:


One must pass the "NISM Series-V-A Mutual Fund Distributors Certification" exam given by NISM to become a mutual fund agent. After completing the test, the candidate must contact AMFI through CAMS-KRA to request an ARN (AMFI Registration Number).