A mutual fund distributor is a financial intermediary who helps investors buy and sell mutual fund schemes. Think of them as the bridge between the investor and the mutual fund companies.
???? What Do They Do?
Recommend suitable mutual fund schemes based on investor goals
Assist in completing KYC and account setup
Provide ongoing updates on fund performance
Help with redemption and portfolio review
Unlike investment advisors, mutual fund distributors earn a commission from the mutual fund companies and do not charge investors directly.
✅ Why They Matter
For investors new to mutual funds or those who prefer hand-holding, a mutual fund distributor offers:
Convenience
Personalized guidance
Access to multiple fund houses through one platform
So, if you’re starting your investment journey, a reliable mutual fund distributor can simplify the process and help you make informed choices.