What is Perccent?
Perccent is a SEBI-registered Mutual Fund Distributor (MFD) app that lets users invest in mutual funds through lump sum purchases, SIPs (monthly or daily), curated baskets, and goal-based plans. The app tracks portfolio value, XIRR returns, and capital gains for tax reporting.
Registration & Regulatory
| Field | Value |
|---|---|
| Legal entity | Perccent Edge Private Limited |
| AMFI Registration Number (ARN) | ARN–327237 |
| Corporate Identity Number (CIN) | U62010KA2025PTC198146 |
| Regulator | SEBI (Securities and Exchange Board of India) |
| Industry body | AMFI (Association of Mutual Funds in India) |
The ARN (AMFI Registration Number) is the unique licence number every legitimate mutual-fund distributor in India must hold. Perccent's ARN is 327237 — registered with AMFI and regulated by SEBI. Customers can verify this on the AMFI website (amfiindia.com) by searching the ARN.
How It Works
Users sign up with their phone number, complete KYC, link a bank account, and start investing. Orders are routed to AMCs through BSE Star MF, and portfolio data syncs back into the app.
Revenue Model
Perccent earns trail commission from AMCs on assets distributed through the platform. Users pay no direct fees.
Technology Partners
| Partner | Role |
|---|---|
| BSE Star MF (via Cybrilla) | Order routing, SIP registration, mandate management |
| Finark | NAV data feed, fund master data |
| Decentro | KYC verification, bank account penny-drop verification |
| Razorpay | UPI and NetBanking payment gateway |
| BILLDESK | Alternate payment gateway |
| MSG91 / Gupshup | OTP delivery (SMS) |
| Signzy / IDfy | Aadhaar eSign for KYC |
| DigiLocker | Aadhaar and PAN document fetch |
Perccent is a distributor, not an AMC. We don't manage funds — we help users invest in funds managed by AMCs like SBI, HDFC, ICICI Prudential, etc.