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Mutual funds brokerage?


hi there,

am planning to take 'wealth management' as a career.
I want know, how much percentage does a Mutual fund broker gets from MF company (or AMC)?

also, is it different for ELSS or non-ELSS funds?

So, lets say if my client invests 10,000 how much i will get from MF company?

warm regards,
Gyaan Guru

you will get below 2% depending amc,s and fund type. and also you will get amfi certification

It depends on the nature of funds. For example, if its NFO, then brokrage would be around 5% wheares in existing funds, the brokrage is 2.25%. Its again different for ELSS funds. Hope it makes sense to you.

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