Nick Investment is an AMFI-registered mutual fund distributor (ARN-112296), run by Narendra Kumar Khatri from Khatri House near Jalori Gate since 2009.
This page explains what a distributor does, how we are paid and how that differs from an investment adviser, so you can judge whether our way of working suits you.
A distributor helps you buy, hold and manage mutual fund schemes. That covers KYC, opening folios, SIP and lump-sum purchases, switches, redemptions, nominee and bank changes, and the paperwork when an investor dies.
To do this work, a distributor has to pass the NISM Series V-A exam and register with AMFI, which issues an ARN (AMFI Registration Number). Before you hand anyone a cheque or a signed form, check their ARN on AMFI's website. It takes a minute.
Nick Investment is an AMFI-registered Mutual Fund Distributor (ARN-112296). We are not a SEBI Registered Investment Adviser. We distribute regular plans and receive trail commission from the asset management companies, which is included in the scheme's expense ratio.
In practice, you pay us no fee. The fund house pays us trail commission, a small yearly percentage of the money you hold in its regular plans. That cost sits inside the regular plan's expense ratio. It is why a regular plan's expense ratio is higher than the direct plan of the same scheme.
Commission rates differ between fund houses and schemes. Ask us what we earn on any scheme we suggest. Your consolidated account statement (CAS) also shows the commission paid on your investments.
A SEBI Registered Investment Adviser (RIA) charges you a fee directly and generally uses direct plans. A distributor is paid by the fund house through regular plans. Both are regulated, but they are paid differently, and you should know which one you are dealing with.
We are a distributor. What we offer is guidance on choosing among the schemes we distribute, help with every transaction and record, and regular reviews. If you want fee-only advice instead, SEBI publishes the list of registered investment advisers on its website.
Most people come in with a specific question. Is my SIP right for my daughter's education? Should my FD money go into a fund? What happened to my father's old folios? We start with what the money is for, how soon you may need it, and what you already hold.
We then suggest a mix of fund categories and explain the risk of each. You choose the schemes. The first consultation is free and there is no obligation to invest.
After that, we review your portfolio with you regularly. A review checks whether each fund still fits its goal, not whether it topped last month's return table.
A lot of mutual fund work is paperwork that goes wrong. A bank account changes. A signature doesn't match. A nominee was never added. A parent passes away and the folios have to be moved to the family. These are easier to sort out across a desk than in an app's chat window.
Our office is at Khatri House, Behind S.B.I. Bank, O/s Jalori Gate. You can walk in Mon–Sat, 10 am – 7 pm and talk to us in Hindi or English.
Whether you come to us or go elsewhere, these questions are worth asking before you invest:
Mutual fund investments are subject to market risk. We do not promise returns, and nobody honestly can. A scheme's past performance does not tell you what it will do next. Any figures in our calculators are illustrations based on assumptions you can change.
Yes. Our ARN is ARN-112296. You can verify it on AMFI's "Locate a Mutual Fund Distributor" page.
No. We are paid trail commission by fund houses on regular plans. It is included in the scheme's expense ratio, not charged to you separately.
Same portfolio, same fund manager. A direct plan has no distributor commission, so its expense ratio is lower. A regular plan includes the distributor's trail commission. We distribute regular plans.
No. We are an AMFI-registered mutual fund distributor. We give guidance on the schemes we distribute and help with transactions. We do not charge you a fee.
Yes. We help families with transmission: the claim forms, death certificate, nominee or legal-heir documents, and follow-up with the registrar.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Nick Investment, Khatri House, Behind S.B.I. Bank, O/s Jalori Gate, Jodhpur, Rajasthan 342001. Mon–Sat, 10 am – 7 pm. Call +91 94141 28970 or WhatsApp. Call +91 94141 28970 · WhatsApp us
Nick Investment is an AMFI-registered Mutual Fund Distributor (ARN-112296). We are not a SEBI Registered Investment Adviser. We distribute regular plans and receive trail commission from the asset management companies, which is included in the scheme's expense ratio.