Distributor Centre

How to become a Distributor?

In order to join our successful Distributor community you will need to get yourself empanelled as an authorized Distributor of Reliance Mutual Fund.

The following are the simple steps for becoming a Distributor of Reliance Mutual Fund.

  • Get yourself certified (if not previously certified) by National Institute of Securities Markets (NISM), by taking the NISM Mutual Fund Distributors Certification Examination. National Institute of Securities Markets (NISM) is a public trust, established by the Securities and Exchange Board of India (SEBI), the regulator for securities markets in India. NISM seeks to add to market quality through educational initiatives. It is an autonomous body governed by its Board of Governors. Clearing the NISM test has been made mandatory by the Securities and Exchange Board of India (SEBI) and can be taken at different cities. The certification examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50%. There shall be negative marking of 25% of the marks assigned to a question. Registration is done through NSE, BSE or MCX-SX. All other details including the new study material is available on the website of NISM i.e. www.nism.ac.in
  • After becoming NISM certified by clearing the test, you will have to fill up an empanelment form which can be downloaded from this website, or simply contact any of the Reliance Capital Asset Management Ltd. offices in order to obtain an empanelment form by mail.
    A copy of the empanelment form, duly filled, along with the attached ARN Certificate (AMFI Registration Number) should be sent to any of the branch offices of Reliance Capital Asset Management Ltd, from where the Distributor proposes to operate.
  • Reliance Capital Asset Management Ltd. will review the form and within a week the prospective Distributor will receive an empanelment letter and code number, along with all necessary material (forms, fact sheets, marketing material etc). This means that he is now a full-fledged Distributor of Reliance Mutual Fund.
  • As part of an online support programme a Distributor can order Point-of-Purchase (POP) material, application forms, offer documents, scheme information, etc., by simply sending us an email or calling our Call Centre on 30301111 or our Toll Free number 1800- 300-11111. Alternatively, you could write to customer_care@reliancemutual.com to order Distributor assistance material. Kindly mention the distributor ARN number and specifics of material required.

Checklist of Documents to be submitted alongwith the Empanelment Form

Documents IFA Partnership Firm Company HUF
Copy of NISM Certificate
Copy of the ARN Card
PAN Card Copy
Cancelled Cheque Copy
Memorandum & Articles of Association NA NA NA
Authorised Signatory List NA NA
Partnership Deed & Resolution NA NA NA
Board Resolution NA NA NA
KYD Acknowledgement

Please note that as part of the regulations governing Distributors you should be well versed with the SEBI guidelines and AMFI guidelines for intermediaries.