Ch.6 · ARN and EUIN Rules · medium

What is a National Distributor (ND) in mutual fund distribution?

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EXPLANATION

National Distributors are large distribution companies with pan-India presence — examples include NJ Wealth, Prudent Corporate, and IIFL. They are empanelled with most AMCs and operate through a large network of sub-brokers and IFAs, providing scale and technology infrastructure.

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