Custom mutual fund distributor software for MFDs and IFAs
Custom mutual fund distributor and IFA software for Indian distributors and wealth platforms. Live BSE Star MF and NSE NMF integration, real AUM tracking across AMCs, and commission reconciliation against actual payouts. You own the code.
PHFL Home FinancePaygroIndependentThe modules that make up a working distributor platform.
The specifics change from one distributor to the next. These four areas are what we end up shipping on most distributor and wealth-platform builds.
Onboarding & KYC
PAN and Aadhaar OCR, e-KYC with KRAs, risk profiling, and HUF, joint, or minor account setup. Same flow for a solo IFA and a 50-seat distributor team.
Portfolio, AUM & analytics
Live AUM across all AMCs, scheme-level analytics, XIRR and IRR across SIP and lump sum, and a client portal that takes reporting requests off the operations team.
Transactions & execution
BSE Star MF and NSE NMF II live in production, one-click SIP and lump sum, e-mandate setup over NPCI, and order reconciliation against AMC settlement files.
Commission, reconciliation & reporting
AMC-wise payout ingestion matched against AUM at the investor level, trail reconciliation, clawback alerts, branded client statements, capital-gains reports, and SEBI and AMFI audit trails baked in.
Questions buyers actually ask us.
What distributors ask before they commit to a build, with the answers written out rather than saved for a call.
When does custom make more sense than SaaS?
When you have outgrown spreadsheets but off-the-shelf tools force you into their workflow. Most of our clients arrive after a couple of rounds with a generic SaaS that almost fits.
Will the BSE Star MF and NSE NMF integrations actually work?
Both are live in production for our clients today. We have also shipped CAMS, KFintech, NPCI eMandate, Aadhaar e-KYC, and the major KRAs.
Who owns the code?
You do. That covers source, database, infrastructure-as-code and documentation, hosted by you or by us, with no lock-in either way.
How long until a working first version?
Discovery to a usable v1 is usually 8 to 12 weeks. Feature parity with your current setup takes 4 to 6 months, quoted as a fixed fee and billed against milestones.
What happens after launch?
We continue with the team for 12 to 24 months on a retainer, so support goes to people who already know your codebase rather than a ticket queue.
The collaboration, technical expertise, and dedication shown throughout the project were commendable. Mindstack delivered a product that aligned with our vision.
The Indian wealthtech rails are finicky. We’ve already shipped on them.
Every integration below is live for a working customer, with the certification and the support calls that come with it. We have worked through the test environments, the settlement files and the edge cases that only appear once real money moves. Our integration directory covers each rail in detail, including what tends to break.
A few of the platforms we’ve shipped.
Findola Capital1L+ Downloads · Live
Self-serve mutual fund app with two recommendation tracks
DIY mutual fund investing for first-time Indian investors, with a toggle between risk-profile-driven picks and Findola's own research-led portfolios. Live on iOS and Android.
Discovery to launch in four steps.
Working software every two weeks, fixed-fee proposals, and a support retainer once you’re live.
Discovery
We map your workflow, integrations, and pain points. Output is a clear, costed scope.
Proposal
Fixed-fee, milestone-billed, with a defined timeline. No hourly billing surprises.
Sprint build
Working software every two weeks. Direct access to the engineers writing it.
Rollout & support
UAT, data migration, parallel-run cutover, then 12 to 24 months of SLA-backed retainer.
Tools and writing for working MFDs.
Commission maths, software comparisons and the reconciliation problem, written out properly rather than pitched.
Trail commission calculator
Estimate year-wise trail earnings on SIP, lump sum, or existing AUM.
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How distributor commission actually works
Upfront, trail, B30 vs T30, GST and TDS, clawback windows, and AMFI disclosure rules.
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SIF distribution: rules and platform checks
NISM V-D, the ₹10 lakh PAN-level rule, and what a distributor platform has to enforce before the first SIF order.
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Change of broker and ARN transfers
The CAMS and KFintech forms, the 12-month trail cooling-off, and moving a whole book to your own ARN.
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Best MFD software in India, an honest take
Wealthelite, AssetPlus, Wealthy, iFAST, and where the custom-build path makes more sense.
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AMC empanelment links, every fund house
Direct distributor empanelment portals for all 46 Indian AMCs, searchable and kept current.
Read →Frequently asked questions.
Outline the build. We’ll respond within one business day.
Tell us the size of your book, what you run today and where it stops working. You will get a straight answer on whether a custom build suits you or whether something off the shelf would serve you better.