Frequently Asked
Questions

Simple and performing mutual fund schemes shall comprise of diversified equity schemes, fixed maturity plans (FMPs) and index schemes and should have returns equal to or better than their scheme benchmark returns during each of the last three years. 

Yes, These new cadre of distributors are required to complete a simplified form of National Institute of Securities Market (NISM) certification. The NISM has launched the Continuing Professional Education (CPE) and Test programme for the new cadre of Distributors and registration for the same commenced from January 14, 2013. 

Yes. The new cadre of distributors would require AMFI Registration prior to empanelling themselves with the AMCs and further to distribute mutual fund products

AMFI has prescribed registration fee of Rs.1,500/- for three years for this new cadre of Distributors. However, AMFI has waived registration fees for all the distributors registering for the first time in the categories of Individuals (including Sr. Citizen) and new cadre of Distributors
during the period from 1st February 2013 to 31st March 2014, subject to fulfilling of certain conditions

The conditions to be fulfilled are: 

i) Senior Citizens are Individuals who qualify under the criteria stipulated by SEBI i.e. a person who has attained age of 50 years as on May 31, 2010 (OR) has at least 10 years experience in the securities market OR/ AND in distribution in Mutual Fund products as on May 31, 2010. 

ii) New cadre of Distributors should be compliant with the criteria mentioned in the SEBI Circular dated September 13, 2012. 

iii) Individuals, Sr. Citizens and new cadre of Distributors should have valid Certificate for passing NISM Examination/ attending CPE Programme. 

 Iv) ARN Card issued shall be valid upto 3 years from the date of passing the date of NISM Examination / attending CPE Programme. However, renewal of ARN after 3 years shall be subject to payment of prescribed fees, as applicable at the time of renewal.

v) The application made for registration under this scheme (waiver of fees) should be accompanied with all other stipulated documents specified in the ARN Registration Form.

For the commission structure, empanelled distributors can reach out to their relationship manager or email us with their ARN details at [email protected]

Any AMFI/NISM Certified Intermediaries involved in marketing and selling Mutual Fund schemes must be registered with AMFI after passing the AMFI/NISM Certification Test and obtaining an ARN. Valid ARN cardholders are eligible to empanel with Quantum Mutual Fund. The following entities can partner with us: individuals, sole proprietorships, partnership firms, companies, societies, banks, trusts, and others.

The distributor can empanel with us through either offline or online mode.

Online:

1. Visit our website at www.QuantumAMC.com and click on the "Partner Corner" tab > "Get Empanelled."
2. Enter the ARN code (e.g., if the ARN code is ARN-12345, enter “12345”), accept the terms and conditions, and click "Continue."
3. If the distributor is not yet empanelled, there will be an option to provide the PAN (which will be matched with AMFI data).
4. The system will redirect to the next screen for OTP verification. After OTP validation, click "Submit."
5. Enter the bank details and nomination (for individuals), or upload the required documents for non-individuals to complete the process.

Offline: Mutual Fund Distributors (ARN holders) can submit the Distributor Empanelment form along with supporting documents to the nearest AMC/R&T office. To download the form, visit our Quick Downloads > Partner Form section.

Online: Upon successful submission, individual distributors will receive empanelment confirmation in real-time. For non-individual distributors, empanelment confirmation will be sent via email within 3 business days, subject to document verification.

Offline: For physical form submissions, MFDs will receive empanelment confirmation via email within 10 business days.

·         Dedicated Relationship Manager

·         Online E-KYC for your investors

·         Investor Awareness Programs for your investors

·       Path to Partnerships  An exclusive Awareness & Education initiative for Partners to provide them with a broad perspective on the Mutual Fund industry and tips to upscale their advisory growth journey

·         Regular market & investment updates

·         ARN EMBEDDED URL - which allows partners to forward and garner transactions

Yes, investors can switch from the Direct Plan to the Regular Plan. However, for the switch to be processed in a Regular Plan, the ARN mentioned or provided in the request must first be empanelled with Quantum Mutual Fund. This switch will not incur any exit load.

The distributor empanelled with QMF, who complies with all the terms and regulations of the ARN for distributors as specified by AMFI and/or SEBI from time to time, will be eligible to receive the commission for business procured under the respective ARN code.

Click here for the Terms and Conditions.

The Partner will receive the trail commission monthly, within 10 business days following the end of each month.

The commission amount will be paid to the Partner by directly crediting the funds via NEFT, RTGS, or direct transfer to the Partner's registered bank account.

Quantum Mutual Fund does not levy any transaction charges.

In the case of multiple Partners registered under a folio, each Partner will only be able to view the transactions for which they are the distributor.

Transactions received in the Regular Plan with an invalid ARN will be processed in the Direct Plan or rejected. For more details Click here  to view the AMFI circular.

Investments mobilized by distributors before 1st April 2017 will remain in the Direct Plan until an investor switches from the Direct Plan to the Regular Plan.