AMCs target to add 50,000 new MF distributors in next 3 years March 16, 2021 Seven MFs, NSE, CIEL join hands for education platform The top seven Asset Management Companies, the NSE and Centre for Investment Education and Learning have joined hands to add 50,000 new mutual fund distributors over the next three years. The initiative will be carried out through ExpertMFD, a first of its kind move by seven mutual funds including Aditya Birla Sun Life Mutual Fund, Axis MF, ICICI Prudential MF, L&T MF, Nippon India MF, SBI MF and Sundaram MF, which manage over two-third of total mutual fund industry AUM.