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One is to take a license for Mutual fund distribution.
You want to earn 2000 per day ie 60,000 months
You do this so that the amount of 10 lakhs is invested by 50 or 60 people, now 10 lakhs X 60 people, i.e. 6 crores will be called your AUA i.e. Assets Under Advisory.
Understand about this AUA that as long as these money is invested, you will continue to get trail commission at the rate of about 1% per annum.
Consider the calculation, suppose that on the last date of this month your AUA is 6 crores, then its 1% = 6 lakhs. Now this 6 lakh divided by 12 months = 50,000 will come automatically in your bank account on 10th.
Then next month your AUA will increase (after investing new money or if the value of old investment increases), then your income will also increase by 50000. Some facts are that everyone wants to keep mutual fund investments invested for a long time because it is a safer and more profitable product than a bank.
It is a favorite and attractive investment for retired people for the purpose of getting a large amount of money after retirement as monthly or quarterly dividend.
Along with this, you also get SIPs done by people, soon you will find that you are getting very busy and your income with your AUA is also increasing every month.
Without investing not only 2000, you will also start getting 5000 per day.
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