Benefits:
Be Smart, Grow Wealth With Aditya Birla Mutual Funds on Appreciate.
Invest in equity, debt, index funds Low Risk, High Growth
Expert Fund Managers - Relax while professionals grow your money.
Live Tracking-Check your fund performance anytime on Appreciate app
Whom to sell?
1. Age18 years
2. Customers with a valid PAN and Aadhaar card
3. Customer's Aadhaar should be linked to the mobile number
4. Applicable only for new users of Appreciate Wealth
5. For customers who are interested in Mutual Funds
How it works?
1. Watch the training video.
2. Share the link with the eligible customers in your network (friends/customers).
3. Customer clicks on the shared link, and redirects to the Google Play store to download the Appreciate app.
4. Enter Full name & mobile number and complete your sign up on the app
5. Upload PAN and validate your Aadhaar
6. Verify your bank account and email
7. Select 'Indian Mutual Funds' (Unselect US Stocks & Goals)
8. Confirm your bank account
9. Select Aditya Birla Mutual Fund to invest
10. Choose investment type and enter minimum 'Rs. 100' to invest
11. Complete KYC if not done
12. Once the investment is completed, your income gets credited to your linked account during payout cycle
Terms & Conditions
KPI: On First SIP of min ₹100
Payout: ₹400
1. Customer must activate SIP via Appreciate Wealth App for Aditya Birla Mutual Fund
2. Valid on First SIP of minimum ₹100 only
3. SIP must be completed within 7 days of lead creation
4. Customers must complete their KYC
4. Investment is applicable for all schemes (SIP Only)
5. Only a single account will be eligible for a payout from a unique device.
6. In case of any fraudulent activity, your account & earnings will be immediately blocked.
7. Distributor who are sharing links with their networks are expected to guide end investor on how to use digital assets & share details on how to start SIP or difference between SIP and Lumpsum (Lumpsum is not. eligible for the payout).
8. We are paying commission solely to drive new customer for Aditya Birla MF website/App & expecting their support to use our digital platform. This amount should never be used by any sub distributor to incentivise/share his cut with end investor or pass this to end user
9. Distributor should refrain from recommending any scheme/categories or any returns promise from Mutual fund unless they have proper financial license required. End investor should invest himself only & select amount/categories as per his own needs.
10. Prohibition of Commission Sharing: Distributors shall not rebate or pass back any commission to investors. This includes refraining from attracting investors through inducement of rebate or gifts.
11. Avoidance of Malpractices: Distributors must avoid malpractices such as recommending products solely for higher commissions, over transacting, and churning of investments.
12. Customer must keep the SIP active for at least 3 months with a minimum 100 installment. If the SIP is cancelled or not maintained for 3 months, the ₹400 payout will be reversed and deducted from the partner's Gromo wallet (wallet may go negative if balance is insufficient).
DOs
1. Complete the process in a single journey, if required, resume the journey using the link from the "my customer section.
2. Check pincodes availability.
3. Customer should keep a blank paper and PAN card handy while doing KYC.
4. Customers should not have any existing account with the brand or had previously applied for the same.
5. Inform customers of the product features and how to use the account.
6. Always inform customers about the risks in the securities market and help them to understand the terms and conditions.
DON'TS
1. Don't make false promises like Loan, credit card offer to the customer.
2. Don't use your phone or laptop for opening the customer's account.
3. Never login to a customer account on your phone or device.
4. Avoid any mismatches between PAN and Aadhaar Card.
5. Multiple accounts are not allowed from the same device/number/email ID/PAN/Aadhaar/Address.
6. We reserve the right to deny participation, stop payout or permanently ban the partner if any fraudulent activity is observed like:
-SIP on behalf of customers.
-Multiple accounts opened / Mutual funds from same device
-Incomplete/false customer address or details.
-Customer accounts opened/SIP without their knowledge
-Paying money or offering incentives for account opening, trade or Mutual Funds to customers