How to Become a Mutual Fund Sub Broker in India (2026)
To become a mutual fund sub broker in India you need to clear the NISM mutual fund distribution exam (or equivalent), get an ARN from AMFI, and tie up with a SEBI-registered distributor or AMC. You can also partner with RevenUmf with 0 setup cost and start earning from day 1 using a partner portal and app.
How to become a sub broker: quick steps
- Clear NISM Series V-A (or equivalent) and get ARN from AMFI.
- Tie up with a distributor – choose a BGA or AMC that offers sub-broker arrangements.
- Complete onboarding – KYC, agreement, and access to partner portal.
- Onboard clients – use the portal and app to add clients and start earning trail.
Before you start
- Educational qualification as per AMFI.
- Bank account and identity/address proof.
- Willingness to complete NISM exam and compliance.
Step 1: Get ARN
Register with AMFI after clearing NISM mutual fund distribution certification. ARN is mandatory for distributing mutual funds.
Step 2: Choose a partner
Partner with a BGA or platform that offers zero setup cost, partner portal, and earn from day 1. RevenUmf partner program provides a basket-based platform, Android & iOS app for clients, and advisory, backoffice, and marketing support.
Step 3: Onboard and go live
Complete partner onboarding (often within minutes), get portal access, and start onboarding clients. No franchise fee or minimum AUM required with RevenUmf.
Common mistakes to avoid
- Not completing NISM/ARN before distributing.
- Choosing a partner with high setup cost or minimum AUM.
- Ignoring compliance and client documentation.
Frequently Asked Questions
What is required to become an MF sub broker? NISM certification, ARN from AMFI, and tie-up with a SEBI-registered distributor or platform like RevenUmf.
Can I become a sub broker with zero investment? Yes. Platforms like RevenUmf offer partner with 0 setup cost and earn from day 1.
How long does it take? After ARN, partner onboarding can be done in minutes; you can start onboarding clients immediately.
Start your mutual fund distribution with 0 setup cost and earn from day 1. Get a partner portal, Android & iOS app for clients, and advisory, backoffice, CA/tax, and marketing support. Partner with RevenUmf
