Updated Mar 16, 2021 | 18:12 IST The Indian MF industry could be worth Rs 100 lakh crore in the next decade. However, currently, there is just 1 distributor for every 17,000 people, indicating a massive growth opportunity for insurance agents Top fund houses, NSE to add 50,000 new mutual fund distributors over next 3 years | Photo Credit: Thinkstock India’s top Asset Management Companies (AMCs) along with NSE and CIEL joined hands to build 50,000 new to industry Mutual Fund Distributors over the next three years. This is being done under the aegis of ExpertMFD, a first pan-India collaborative initiative comprising of top AMCs who manage over two-third of the total AUM in the mutual fund industry. These include marquee names like Aditya Birla Sun Life Mutual Fund, Axis MF, ICICI Prudential MF, L&T MF, Nippon India MF, SBI Mutual Fund and Sundaram MF who have joined hands with NSE (National Stock Exchange) and CIEL (Centre for Investment Education and Learning).