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  • MF News Nivesh Mitr launches b2b platform for distributors

    Nivesh Mitr launches b2b platform for distributors

    Distributors will get recommendations on top funds and customer support facility.
    Team Cafemutual Feb 26, 2019

    NiveshMitr.com, an online mutual fund distributor has launched a new b2b platform Advisor.NiveshMitr.com for distributors to sell mutual funds online.

    Apart from online transaction facility, distributors can get recommendations on top funds, process transactions and track their sales. Other key features are customized portfolio construction and customer support to your clients.

    In a press release Arpita Gupta, Founder of NiveshMitr.com said, "Nivesh Mitr’s seller website is a great opportunity for individuals like offline mutual fund distributors, insurance agents, CAs, rural youth, women and small businessmen who are seeking to become micro entrepreneurs."

    She further said, “With falling commission rates, distributors need to increase their clientele to balance their earnings and Nivesh Mitr is exactly the solution for that which handles their entire office while you can just go out and focus on catering more clients.”

    Currently, the platform is free for distributors.

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

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    8 Comments
    Sheikh Ansar Ali · 5 years ago `
    It will be useful tool
    Nivesh Mitr · 5 years ago
    Thanks Sir. You may contact us on advisor@NiveshMitr.com or +91-91110-06340 to know further details
    Reply
    DB DESAI · 5 years ago `
    Is it really free? I understand they charge 30% share of distributor earnings.
    Nivesh Mitr · 5 years ago
    Nivesh Mitr works on a sub-broker model and the policy of sharing 30% commission has been scrapped now (It was there only in the initial months).

    Now it varies fund to fund. In some funds, it may go as high as 100% of the commission you're currently earning (plus the additional services that the IFA benefits from associating with us). Kindly contact us on advisor@NiveshMitr.com or +91-91110-06340 for more details.
    Reply
    Bal sachin gupta · 5 years ago `
    Kindly provide more details
    Nivesh Mitr · 5 years ago
    Thank you for your query.

    Nivesh Mitr is the only national distributor providing facility to advisors (or IFAs) to provide robo-advisory services (like scripbox, groww, etc.) to their clients (with an option to do it in their brand name) and a wonderful online experience. We work on a sub-broker model. Commissions may go as high as 100% of the commission you're currently earning (plus the additional services extended by us like back office support, fund recommendations, etc.)

    Would love to speak to you in detail. Kindly send us your contact details on advisor@NiveshMitr.com or +91-91110-06340 to get in touch.



    Reply
    Swapnil · 5 years ago `
    http://grow.niveshmitr.com/MyUploads/2018/11/NIVESH-MITR-1.jpg
    Nivesh Mitr · 5 years ago
    Nivesh Mitr works on a sub-broker model and the policy of sharing 30% commission has been scrapped now (It was there only in the initial months).

    Now it varies fund to fund. In some funds, it may go as high as 100% of the commission you're currently earning (plus the additional services that the IFA benefits from associating with us). Kindly contact us on advisor@NiveshMitr.com or +91-91110-06340 for more details.
    Reply
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