FAQ

Frequently Asked Questions

Got questions? Here are quick answers about mutual fund
distribution and working with Mool Bazaar Asset.

No. Mool Bazaar Asset Private Limited is registered with AMFI as a mutual fund distributor (ARN 348781). We distribute mutual fund schemes and provide operational and technology support to distributors. We do not provide investment advice, do not manage portfolios, and do not charge investors an advisory fee. For personalised advice, please consult a SEBI-registered Investment Adviser.

As of 30 November 2025, the Indian mutual fund industry has achieved an Assets Under Management (AUM) of approximately ₹80.80 lakh crore, as reported by the Association of Mutual Funds in India (AMFI). Over the past decade, the industry has witnessed nearly six-fold growth, positioning it among the fastest-growing segments of the Indian financial services sector. (Source: AMFI monthly data, November 2025.)

Despite this substantial expansion, the mutual fund industry in India continues to offer significant untapped potential due to the following factors:

  1. Low Market Penetration: Compared to developed economies, India’s mutual fund industry remains at a relatively early stage of maturity. The global average AUM-to-GDP ratio is around 75%, whereas India’s is around 17% (Source: AMFI and World Bank data, 2021 — the most recent comparable figures available).
  2. Limited Distributor Base: As of 31 July 2025, India has approximately 1.82 lakh mutual fund distributors, compared to 31.94 lakh insurance advisors, indicating substantial scope for expansion in mutual fund distribution (Source: AMFI & Life Insurance Council).
  3. Strong Growth Outlook: The mutual fund industry is poised to reach the next growth milestone of ₹100 lakh crore AUM and 10 crore investors over the coming decade (Source: AMFI).

This significant gap between investor demand and distributor supply creates attractive and sustainable career opportunities for individuals seeking to enter the mutual fund distribution business.

For Individuals Aspiring to Become Mutual Fund Distributors

To commence a mutual fund distribution business as an individual, the approximate initial investment includes:

  • Mool Bazaar Asset Value Pack Registration Fee: ₹4,000 plus applicable GST
    • ₹2,000 towards NISM Mutual Fund VA Examination study material
    • ₹2,000 towards Mool Bazaar Asset subscription fee
  • ARN Application Fee: ₹1,999 + applicable GST, payable separately to CAMS for individual applicants

Note: ARN fees for non-individual applicants differ from those applicable to individuals.

For Existing Mutual Fund Distributors (ARN Holders)

  • Mool Bazaar Asset Subscription Fee: ₹1,999 plus applicable GST

Fees as on 4 August 2026 and subject to change. Refer to the Partner Terms for the full fee schedule.

The subscription fee may be refundable, subject to minimum business criteria being met within the first three (3) months from the commencement of business activities on the platform. The full conditions are set out in the Partner Terms.

For additional details or clarifications, users are encouraged to contact the Mool Bazaar Asset support team through the official communication channels.

You first complete your KYC, which is a one-time process required across the mutual fund industry. Once your KYC is verified, you choose a scheme, decide your monthly amount and the date you want the instalment debited, and set up a mandate with your bank so the amount is collected automatically each month. An SIP can usually be started from ₹500 a month, though the minimum varies by scheme. You can pause, change or stop an SIP at any time. Please read the scheme documents before you invest.

Your money always moves directly from your own bank account to the Asset Management Company that runs the scheme, through regulated payment and exchange infrastructure. Mool Bazaar Asset never holds, pools or takes custody of client funds at any stage. Units are allotted in your name and held against your own folio with the AMC and its Registrar and Transfer Agent. Any redemption is paid back into your registered bank account. This means your investment does not depend on our financial position.

We are a mutual fund distributor, so we are paid commission by the Asset Management Companies whose schemes we distribute. The commission rate varies by scheme and by AMC and is disclosed in the scheme documents. We do not charge investors a transaction fee and we do not charge an advisory fee, because we do not provide investment advice. Separate subscription fees apply to our distribution partners and are set out in the Partner Terms. You should read the scheme information document for the full cost position of any scheme.

Write to us at info@moolbazaarasset.com with your folio or transaction details. We acknowledge every complaint within three working days and aim to resolve it within twenty-one calendar days of receipt. If you are not satisfied with our response, you may escalate the matter to our Grievance Redressal Officer, and then to AMFI, or lodge a complaint on the SEBI SCORES portal at scores.sebi.gov.in, or initiate online dispute resolution at smartodr.in. Full details are in our Grievance Policy.