ZFunds

  Arn Code in mutual fund  An application reference number is referred to as ARN. Each certified mutual fund distributor or expert is given a different number that they can use to trade in different schemes. WHY is ARN CODE required? Everyone has heard the television commercial phrase, "Mutual fund investments are subject to market risk." But that doesn't mean one can't take greater precautions to lower the danger. Therefore, it is the intermediary's responsibility to inform and educate the investor about the potential hazards. The interests of all parties to the transaction will be protected in this way. To protect investors, SEBI and AMFI take several steps. One such step entails requiring distributors to get an ARN code. For instance, the National Institute of Securities Markets (NISM) certification is required by the Association of Mutual Funds in India (AMFI) for all intermediaries engaged in the sale or marketing of mutual funds. They must sign up with AM

The NISM exam is organized by the National Institute of Securities Market. The goal of the NISM Exam is to establish a minimum level of knowledge for all candidates involved in the sale and distribution of mutual funds, including individual mutual fund distributors, staff members of companies that sell and distribute mutual funds, and employees of asset management companies (AMC), particularly those involved in mutual fund sales and distribution. The accreditation aims to improve the industry's distribution, sales quality, and associated support services. Eligibility Criteria for NISM VA Certification Exam The National Institute of Securities Market's (NISM) recommendations: Candidates should be at least 18 years old if they want to become a distributor or advisor of mutual funds.  According to the Association of Mutual Funds (AMFI) website, there are no defined educational requirements. Modes to appear in NISM Exam  One can take the test in either Hindi or English, according t