What is the role of an ARN Number in mutual Fund

 ARN Number popularly known as AFMI Registration Number is a unique code that is assigned to every qualified mutual fund expert or distributor for dealing in mutual fund schemes. This number is allocated by Associations of Mutual Funds in India i.e. AMFI. 


ARN is very important for both the intermediary and investors as it is like an unique ID of the intermediary through which assets can be tracked and mobilised by the intermediary. Investors can also take use of ARN to calculate brokerage that could be going to the involved intermediary. AFMI takes great care to assure the investors know the credentials of the intermediary registered with them.

One can become an ARN holder by visiting the CAMS website and registering online by obtaining an ARN application form from the nearest CAMS. Along with this, KYD documentation also needs to be furnished and make sure that the required documents are duly filled, checked and attached to the application. 

Steps to Apply for AMFI Registration Number (ARN):

Clear the NISM VA Mutual Fund Distributor Certification Examination

For online application, Visit the official website of AMFI and go to Register Online section in ARN Registration

Enter the platform by entering PAN & Mobile Number

Then submit details like Proof of Identity, Proof of Address, Bank Proof, Signature, etc.

Then fill bank details & educational qualifications

Then make the fees payment of Rs.1770 including GST for ARN application through any payment mode including debit card, net banking, etc.

Once the process is completed and fees are paid, a mail regarding the ARN Number registration with AFMI will be sent to you. And you will receive the hard copy of the ARN Number within around 1 month of the registration.

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