All about AMFI Registration Number (ARN)

The mutual fund distributors who are qualified and having the AMFI Registration Number (ARN) are only eligible to sell the mutual funds. To become an ARN Holder, it is necessary to qualify for the NISM Series V-A: Mutual Fund Distributors Certification Examination.

No distributor shall hold more than one ARN card/ Letter of Registration. The certificate comes with a validity period of 3 years. Once the validity period is over, the distributor needs to apply for AMFI ARN renewal online. The renewal also depends upon two factors that:

  • ARN validity is about to expire
  • ARN validity has expired

Check the renewal of the AMFI ARN status section to know more about the same.
For new distributors, the process of AMFI ARN registration online is straightforward and ensures compliance with the Association of Mutual Funds in India (AMFI) regulations. Also, don’t forget the importance of EUIN registration and periodic AMFI EUIN renewal to maintain your status as a trusted AMFI mutual fund distributor.

Why is the AMFI Registration Number (ARN Code) significant?

AMFI Registration Number (ARN) is an essential factor facilitating the ethical and informed distribution of mutual funds throughout India. The process of AMFI registration helps both SEBI and the Association of Mutual Funds in India (AMFI) control the industry by only allowing experienced professionals to act as mutual fund distributors.

Whenever you hear Mutual Funds are subject to market risk, it is a word of caution that while risk cannot be eliminated, it can be managed more efficiently with professional guidance. It is here that an AMFI-registered distributor with an ARN code plays its part. When the distributor registers online with the AMFI ARN, he proves proficient with the NISM certification and qualified enough to guide investors with judicious advice.

How to Get ARN Number?

Once you have cleared the AMFI exam registration process through the NISM -VA exam for becoming a mutual fund agent and have received the certificate, you can apply for AMFI ARN registration via offline and online modes. AMFI India has authorized CAMS for completing the registration of the AMFI mutual fund distributor and issuing the AMFI ARN code.

AMFI ARN Registration - Offline Mode​

To apply for AMFI ARN registration in offline mode, you need to enclose the below documents and submit them to the nearest CAMS office where your Biometric should be completed:

  • Duly filled fresh Individual registration application form.
  • Demand Draft in favor of “ASSOCIATION OF Mutual Funds IN INDIA” payable locally
  • Self-attested copy of the Valid NISM Series V-A Certificate.
  • 3 Stamp Size Colour Photographs.
  • Duly Filled and Signed KYD Individual Application and Photograph should be affixed in the KYD Application Sign across.
  • Self-Attested Copy of Pan Proof, Address Proof, and Bank Proof (Cancelled Cheque Copy/Latest Bank A/c Statement)

AMFI ARN Registration Process - Online Mode

Eligibility: Ensure that you have cleared the NISM Series V-A certification exam.

 

  • Online Application: Visit the AMFI ARN registration online portal to start the application process.
  • Document Submission: Upload the documents like your NISM certificate, PAN card, and address proof.
  • Aadhaar Authentication: Verify using your Aadhaar number for identification via the eKYC process.
  • Payment of Fees: Pay the applicable registration fee for amfi arn registration online.
  • Confirmation: Your ARN will be emailed to you upon successful payment and verification.

Note: The fees will differ according to the corporates and other entities. Ensure your details are updated by checking your AMFI ARN status through the AMFI distributor login. Regular renewal is essential to maintain compliance. For guidance on renewal, explore the AMFI ARN renewal online and AMFI EUIN renewal sections. Stay updated with the latest processes from the Association of Mutual Funds in India (AMFI) to remain a trusted and effective AMFI mutual fund distributor.

How to Register for CPE/ ECPE Training?

Normal Grandfather by Age Category Grandfather by Experience Category
Candidates can attend the CPE Program 6 months prior to the expiry of the said Certificate / ARN Card. Any associated person, other than Principal, who has completed the age of 50 years as of May 31, 2010, may attend NISM Series V (a): Mutual Fund Distributors CPE Program under the 'Grandfather by Age Category.' Any associated person, other than Principal, having experience of 10 years or more as a distributor, agent or employed or engaged in the sale and/or distribution of Mutual Fund products, as of May 31, 2010, may attend NISM Series V (a): Mutual Fund Distributors CPE Program under the 'Grandfather by Experience Category.'

What are the Benefits of the ARN Code?

  • Serves as a distributor’s exclusive ID, facilitating transparent mutual fund transactions.
  • Facilitates legal mutual fund distribution following AMFI ARN registration online.
  • Establishes credibility and trust among investors with verified AMFI registration.
  • Facilitates tracking commissions and trail income seamlessly.
  • Works towards professional upgrade with AMFI-certified knowledge and ethics.
  • Must be listed on online investment platforms and portals.

AMFI ARN Registration Process - Online Mode

The ARN Number is valid for three years. To complete the AMFI ARN renewal online process, follow these steps based on the validity status:

  • If ARN validity is about to expire: Book a CPE/ECPE training session.
  • If ARN validity has expired: Book the AMFI exam registration for the NISM Certification Exam.

For AMFI ARN renewal, individuals, senior citizens, and employees must submit the following:

  • Application for renewal of ARN/EUIN.
  • Copy of the passing certificate of the NISM Mutual Fund Distributors Certification Examination or CPE Certificate
  • Two stamp-size colour photographs.

Without the legitimate documents, the ARN renewal process will not be completed. For additional details, intermediaries can visit the AMFI distributor login portal and check their AMFI ARN status. Staying updated with the AMFI Certification process ensures compliance with the Association of Mutual Funds in India (AMFI) guidelines and helps intermediaries maintain their reputation in the industry. Remember, regular EUIN registration, AMFI Certification, and AMFI EUIN renewal are equally critical to continue serving as a trusted intermediary registered under AMFI India.

Process to Register for CPE/ ECPE Training

If your ARN number is about to expire and you want to renew it before the date ends, then you need to get register for the CPE/ ECPE Training. The process of registration is as follows.

Step 1:

Login to your NISM account and select ‘Enrolment’.

Step 2:

Choose a dropdown that reflects ‘Enroll for CPE/eCPE.

Step 3:

Select modules (Mutual Funds) and categories such as normal renewal/ grandfathered by age or grandfathered by experience. In most cases, you will have to select normal renewal.

Step 4:

You can select a desired date and time slot and make payment online through the NISM portal.

Step 5:

You will receive login credentials for CPE via email and SMS a day prior to the training date.

Step 6:

Your login credentials will be valid till the time of completion of training.

Difference Between CPE & E CPE

CPE ECPE
Mode Online Mode Offline Mode
Centre Physical centre. You will have to visit the selected centre
on the training day 		No need to visit the centre
Prerequisites Id Proofs and admit card A laptop or desktop with at least 2GB RAM.
Internet connection with a minimum speed of 2MBPS
Duration 5–6 hours 4–5 hours
Doubt Session One on one questions can be asked This session is recorded and live doubts are taken
into consideration

Frequently Asked Questions (FAQs):

1. Who Allots ARN Number?

The Association of Mutual Funds in India allots the AMFI Registration Number to every mutual fund distributor for helping their customers invest in the mutual fund schemes.

2. How do I Renew my ARN Number Online?

The renewal of the ARN number can only be done by visiting the official portal of the Association of Mutual Funds in India. To complete the process, the prospect needs to submit the PAN card mobile number. Also, the copy proving that you have cleared the NISM examination needs to get submitted. Without legitimate documents, the ARN number cannot get renewed.

3. Is it Possible to register for the ARN Number Online?

Yes, after qualifying for the NISM-V-A mutual fund distribution certificate examination, a person can apply for the ARN number online by visiting the official website of AMFI (Association of Mutual Funds in India)

4. How do I download an AMFI Certificate?

To download the ARN certificate/ ARN card, you need to visit the official website of the Association of Mutual Funds in India