Structured training remains limited, the top executive at a distributor said. Manish Kothari, co-founder and chief executive officers of ZFunds, a mutual fund distributor said, “We run two five-to-seven day training batches each month with about 100 participants per batch, and the pass rates are only around 50%. So far, about 650–700 in our network have cleared it. Last month around 800 distributors took mock tests on our platform, steadily signaling rising interest in SIF among distributors.”
