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AMFI enables online registration for distributors - The Hindu BusinessLine

AMFI enables online registration for distributors
May 04, 2021
The Association of Mutual Funds in India (AMFI) has revived a completely paperless online registration process through its website for obtaining fresh AMFI Registration Number and Employee Unique Identification Number for Mutual Fund distributors and their employees, using one-time PIN based Aadhaar authentication.
The move comes when various State governments have imposed lock-downs in the wake of resurgence of the Covid pandemic. The online registration facility was withdrawn pursuant to the Supreme Court order in September 2018 on usage of Aadhaar. With UIDAI now allowing Aadhaar-based authentication service, AMFI has been able to revive the online ARN and EUIN registration. ....

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Amfi slashes ARN registration, renewal fees for mutual fund distributors by 50 per cent

Amfi slashes ARN registration, renewal fees for mutual fund distributors by 50 per cent
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Last Updated: Apr 30, 2021, 03:09 PM IST
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By reducing the ARN and EUIN registration and renewal fees, Amfi wants to encourage new and young individuals across the country to reach out to large base of small savers.
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New Delhi, Apr 30 : Mutual fund industry body Amfi on Friday said it has reduced the ARN (AMFI Registration Number) registration and renewal fees for most distributor types, including individual ones, by 50 per cent of the existing rates, effective from May 1. In addition, the EUIN (Employee Unique Identification Number) registration and renewal fees for employees cut down to Rs 500 from Rs 1,500 and Rs 750, respectively. ....

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Amfi slashes ARN registration, renewal fees for mutual fund distributors by 50%

Amfi slashes ARN registration, renewal fees for mutual fund distributors by 50%
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Amfi slashes ARN registration, renewal fees for mutual fund distributors by 50%
PTI / Apr 30, 2021, 15:11 IST
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NEW DELHI: Mutual fund industry body Amfi on Friday said it has reduced the ARN (AMFI Registration Number) registration and renewal fees for most distributor types, including individual ones, by 50 per cent of the existing rates, effective from May 1.
In addition, the EUIN (Employee Unique Identification Number) registration and renewal fees for employees cut down to Rs 500 from Rs 1,500 and Rs 750, respectively.
By reducing the ARN and EUIN registration and renewal fees, Amfi wants to encourage new and young individuals across the country to reach out to large base of small savers, especially in the Tier II and III cities and towns, to channelise financial savings into mutual fund asset class, the industry body said in st ....

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