Compare Schemes
Contact Us
Statements
AMFI REGISTRATION NUMBER (ARN) – IMPORTANCE AND PROCESS
Overview
The Association of Mutual Funds in India (AMFI) promotes the mutual fund industry by maintaining high standards of professionalism and ethics. AMFI registers certified intermediaries as AMFI Registered Mutual Fund Advisors (ARMFA) and issues them a unique ARN (AMFI Registration Number). Only registered intermediaries can distribute mutual funds.
As per SEBI’s September 13, 2012 circular, AMFI also assigns a unique identity number to sales personnel, which must be disclosed on mutual fund application forms along with the partner’s ARN.
What are the features of an ARN?
The salient features of an ARN are:
01
Individuals and seniors receive an ARN ID card with their details.
02
Corporates receive a registration letter with ARN details.
03
Employees get an EUIN card with their details.
04
Corporate registration requires employee registration.
05
Corporate registration requires employee registration.
06
NISM certificates are valid for 3 years; ARN/EUIN validity aligns with them.
07
Only one ARN or registration per partner is allowed.
08
After getting ARN, intermediaries must register with AMCs to sell mutual funds.
09
After getting ARN, intermediaries must register with AMCs to sell mutual funds.
10
De-registration can occur for code of conduct violations, serious legal issues, or proven negligence.
How to apply for an ARN?
AMFI has authorized M/s Computer Age Management Services Pvt. Ltd. (CAMS) to act as processing agent on its behalf for the purpose of ARN.
For registering with AMFI, Intermediaries are required to apply in the prescribed form.
Offline Form
The form can be obtained from the office of AMFI or any office of CAMS. Alternatively, the form can also be downloaded from AMFI’s website
Online Registration
You can also register online, from the comfort of your office/ home by visiting the Online Registration page https://web.camsonline.com/AMFI/login.aspx
Submit your application forms with the KYD acknowledgment or application form in person at the CAMS office if you haven’t completed the KYD process.
If the documents are in order and fees paid, a Registration Letter or ID card will be issued and mailed to the applicant.
How to renew the ARN?
ARN/EUIN holders must apply for renewal at least six months before the expiry date. If submitted on time and approved, the validity will continue seamlessly. If submitted after expiry, the renewed ARN/EUIN will be valid from the submission date and up to the validity of the NISM/CPE certificate for individuals/senior citizens/employees. For corporate ARN holders, the renewal will be valid for three years from the submission date.
The procedure for renewal of ARN / Letter of Registration is as under:
ARN holders are required to make an application in the prescribed form. Download the ARN renewal form for
- Individual/ Employee/ New Cadre of Partners: http://portal.amfiindia.com/spages/form-a.pdf
- Corporate: http://portal.amfiindia.com/spages/form-b.pdf
You can also renew online, from the comfort of your office/home by visiting the Online Registration / Renewal page at https://amfi.camsonline.com/amfi-online/#/sessions/login
For the details of fees required to be submitted by various categories of intermediaries for renewal of ARN and by employees for renewal of EUIN, please click https://www.amfiindia.com/Themes/Theme1/downloads/ARN-EUINRenewalFees-GST-OPC.pdf
ARN holders must comply with KYD requirements. For further information on KYD please click on https://www.amfiindia.com/Themes/Theme1/downloads/kydprocess.pdf.
The list of CAMS POS is present at this link https://www.amfiindia.com/cams-pos
The key points to note are:
- To renew ARN/EUIN, submit the application with a demand draft for the required fee and necessary documents at a CAMS POS. The draft should be in favor of ‘Association of Mutual Funds in India,’ payable at the CAMS-POS location.
- Individuals and employees must either pass the NISM Mutual Fund Certification or attend the NISM CPE program. Senior citizens must attend CPE. Along with the renewal application, submit a copy of the NISM certificate or CPE certificate and two passport-sized color photos.
For more information on Fees payable for ARN visit https://www.amfiindia.com/distributor-corner/become-mutual-fund-distributor
