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Written by Mumtaj Khan
Feb 05, 2026

Mutual Fund Agent-How to Become an AMFI Registered Mutual Fund Agent

Mutual Fund agent is the one who facilitates buying and selling of mutual fund by investors and earns commission for bringing in investors into mutual fund schemes. Mutual fund agent aware the investors about various schemes of mutual fund houses. He helps the investors in carrying out investment transactions relating to switching, redemption and guide them periodically on the performance of their investments.

The person in charge has to keep an eye on how the mutual fund industry is doing and how it is performing. A mutual fund agent needs to do some number crunching. Also look at the bigger picture using databases keep track of what the regulators are saying and talk to the people who manage the portfolios. The mutual fund industry is what they need to focus on, well as what is happening in the markets and the overall economy. They have to stay on top of any important changes, in the mutual fund industry. The person in charge has to work closely with the team that researches funds to find the best investments and to see if there are any potential problems. This helps to make a collection of research information that includes suggestions, for funds and what they think about them.

Mutual Fund Agent Eligibility

Educational Qualification

  • To start a career as Mutual Fund Agent the minimum requirement is NISM Series VA Mutual Fund Distributors Certification and a registration number from the Associations of Mutual Funds in India (AMFI).
  • This is something you should know: to take this examination you need to have completed class 12 or class 10th and also have a diploma that's 3 years long. The examination requires this qualification of class 12 or class 10th with a 3-year diploma.

Age Limits

The candidate should be of 18 years or above to become a mutual fund agent.

Mutual Fund Agent Required Skills

To become a Mutual Fund Agent, the people who want to be a Mutual Fund Agent must have the skills that are needed for this job. These are the skills that a Mutual Fund Agent needs to have:

  • A mutual fund agent should make it easier to do research on numbers for mutual fund interest rates. This will help the mutual fund agent understand mutual fund interest rates better. The mutual fund agent has to work with mutual fund interest rates every day. So the mutual fund agent needs to have research, on mutual fund interest rates.
  • The person should be able to look at the debt and loan portfolio and understand how it is doing. They need to know how to analyze the debt and loan portfolio performance so they can make decisions about the debt and loan portfolio. This means they have to be good, at looking at the debt and loan portfolio and figuring out what is working and what is not working.
  • A mutual fund agent should know how to do a credit appraisal. They need to follow the ways that people use all around the world. This is what I mean by best practices, for a mutual fund agent when they do a credit appraisal of a mutual fund.
  • The person, in charge should make the Basel based internal rating system better. They need to improve the Basel based rating system so that it works properly. The Basel based internal rating system is very important. It needs to be enhanced.
  • A mutual fund agent needs to come up with trade ideas and find problem loans. The mutual fund agent has to do this to make decisions. The mutual fund agent is looking for ways to make trade ideas and identify problem loans with mutual funds. This will help the mutual fund agent to avoid problems with loans and make trades, with mutual funds.
  • The person should. Keep up credit risk models. They have to work on the credit risk models all the time to make sure they are good. The credit risk models are very important. The person has to build them and then maintain the credit risk models.
  • The company should make the credit monitoring system, for their clients better. They need to improve the credit monitoring system of the clients. This will help the credit monitoring system of the clients to work properly. The credit monitoring system of the clients is very important. The person in charge should give advice on what to lend and where to invest the money. They should tell people what they think is an idea when it comes to lending and investment. The person should make recommendations, on lending and investment.
  • A mutual fund agent should know how to make a credit strategy and create credit portfolios for mutual funds. This is a part of being a mutual fund agent. They have to be good at creating credit portfolios for funds. A mutual fund agent has to know a lot about funds and how to make a good credit strategy, for mutual funds.

How to Become a Mutual Fund Agent?

To become a Mutual Fund Agent you have to do a things. First you need to follow these steps to become a Mutual Fund Agent. The steps to become a Mutual Fund Agent are pretty simple.

Step 1 : After completing 10th class with 3 years of diploma or 12th class from any steam, the candidate has to pass an exam conducted by National Institute of Security Market i.e. series V A mutual fund distribution certificate.

Step 2 : When you pass the exam you can become a Mutual Fund Agent. It is an idea for people who want to become Mutual Fund Agents to have a bachelors degree like B.Com Honors or BA Honors.

The person who wants to become a Mutual Fund Agent needs to make sure they study subjects, like economics and accounting and tax and Finance or investment analysis in their course.

You should study Mutual Fund and other related subjects to become a Mutual Fund Agent.

Exam for Mutual Fund Agent

To become a mutual fund agent one needs to qualify National Institute of Securities Markets (NISM) V-A certification exam.

Mutual Fund Training Institutes in India

• Forex Keys (VJS Academy), Vishakapatnam

• Kunjbihari S Goyal Online Academy for Learning and Development (GOLD), Mumbai

• Institute of Career In Financial Market, New Delhi

• Sydenham College of Commerce and Economics, Mumbai

• Equity Analysis Inc., Mumbai

• New Era Institute of Professional Studies (NIPS), New Delhi

• Dalal Street Investor Academy, Pune

• Focus Educare Pvt Ltd, Bangalore

• CSE Institute of Capital Market, Kochi

• The Greed N Fear -Institute of technical analysis, Ahmedabad

• Datta Institute for Stock Market Education, Hyderabad

• Stock Market Institute (SMI), Bangalore

• Jain Arbitrage Destination, New Delhi

Certificates Required to Become a Mutual Fund Agent

  • NISM Series V (a): Mutual Fund Distributors Certification Examination
  • NISM Series V (a): Mutual Fund Distributors Continuing Professional Education
  • AMFI Mutual Fund (Advisors) Module
  • IICM: Refresher Course on Mutual Funds
  • CIEL: Refresher Course on Mutual Funds

Mutual Fund Agent Job Description

A mutual fund agent has to keep an eye on what's happening in the debt market. They also have to talk to fund managers and make sector reports. The mutual fund agent has to make reports, on funds and new things that are being offered. They have to meet clients too. Working with funds can give you a career that will last for a long time. Mutual funds are an option if you want to work in this field for many years. A mutual fund agent has a lot of jobs to do. They have to manage kinds of mutual funds like equity and debt mutual funds. They also have to manage mutual funds. They get help from the research team. The mutual fund agent has to make decisions about where to invest the mutual fund money and when to take the money out. They have to make sure the mutual fund makes money than the average mutual fund. The mutual fund agent also has to keep an eye on the investments all the time to find ways to make money for the mutual fund. They have to do all this to make sure the mutual fund does well and makes returns, for the people who have invested in it.

Mutual Fund Agent Career Prospects

  • The Mutual Fund Agent is really. You have to know a lot about Equity and Debt markets.
  • The mutual fund industry has different kinds of jobs for people from all sorts of backgrounds.
  • These jobs are in areas like sales and marketing and making products and investments and human resources and risk and compliance at all levels of management.
  • Now that companies from countries are getting into this business there are even more jobs available, in the Mutual Fund industry.

Mutual Fund Agent Salary

The salary range of a Mutual Fund Agent is based on experience. Candidate having 1 or 2 years of experience can get salary up to Rs.50,000/- to Rs.80,000/-. After a few years when you are more experienced about the job and have a great knowledge about mutual fund securities then the salary increases up to Rs. 1,00,000/- to Rs. 2,00,000 per month. It is a great career option in today's time and can let you earn billion of rupees.

Frequently Asked Questions

A Mutual Fund Agent is a certified professional who sells and advises investors on mutual fund schemes.
You must pass the NISM Series V-A Mutual Fund Distributors Exam and register with AMFI.
You must have passed Class 12 or equivalent.
Sales skills, financial knowledge, communication ability, and customer-handling skills.
Income varies by performance; beginners may earn ₹2–5 LPA, while experienced agents earn much more through commissions.

Register Now To Apply