Mutual fund distributor (intermediary role)

Tue, 12 May 2026 00:00:00 +0000

A mutual fund distributor (MFD) in India is an individual or entity registered with the Association of Mutual Funds in India (AMFI) under the AMFI Registration Number (ARN) system, authorised to distribute mutual fund schemes to investors and receive trail commissions from asset management companies (AMCs). MFDs are the primary channel through which the majority of Indian mutual fund assets under management (AUM) is held, serving retail investors, HNIs, and corporate clients through regular-plan schemes across equity, debt, hybrid, and passive fund categories.

IFA on WebNotes

Mutual fund distributor (intermediary role)