Who can become MFDAK's Member?
A MFDAK member has to be based out of Karnataka as the primary place of business. Further membership is subject to MFDAK board approval.MFDAK accepts only Lifetime membership now.
Any AMFI Certified Mutual fund distributor with Valid ARN ( AMFI Registration number) and with Registered Address in Know Your Distributor (KYD) as well within Karnataka.
Membership Categories
MFDAK encourages only Life membership. Further there are Three Categories in Life Membership.
Category I - Any Individual MFD with Pin code of Bangalore
Category II - Any Individual MFD with Pin code from Rest of Karnataka
Category III - Any Non-Individual Distributors i.e, Partnership (of any nature), Private Limited company and Public Limited Company with Authorized capital of Less than 100 Lakhs
What are all the exclusive benefits available for Members?
Members will have right to attend the exclusive Sessions and conventions conducted by Association.
Members will have voting rights as provided in the MFDAK's Bye-laws.
Access to MFD Directory would be there to view the complete details of the fellow members.
Exclusive Market Outlooks and their written educative material access would be there only to Members.
Research and other calculators are downloadable only to Members.
Fee
| Categories | Fee |
|---|---|
| I - Any Individual MFD with Pin code of Bangalore | Rs.10000(Rupees Ten Thousand Only) |
| II - Any Individual MFD with Pin code from Rest of Karnataka | Rs.5000(Rupees Five Thousand Only) |
| III - Any Non-Individual Distributors i.e, Partnership (of any nature), Private Limited company and Public Limited Company with Authorized capital of Less than 100 Lakhs | Rs.15000(Rupees Fifteen Thousand Only) |
Rights of Members
All Rights to members are dictated by the bye-laws of MFDAK.
How to Apply for Membership?
1) Download and Fill the Membership Form along with the Payment details and take a Printout of the same
2) Attach the ARN Copy and Paste the Photo in the Space Provided
3) Payment can be made Via Cheque, NEFT, RTGS, IMPS or UPI and enter the details in the Payment Column
4) Send the Physical Forms to MFDAK Office Address or Hand it over to Chapter Heads
Note: Members are requested to read the terms and conditions of this Website before considering any of the contents, updates,research , calculators,etc
