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Renewal of ARN/ EUIN
 

Renewal of AMFI Registration Number (ARN)/ Employee Unique Identification Number (EUIN)

ARN holders/ EUIN holders are required to apply for renewal of ARN/ EUIN on or six months prior to expiry of validity period of ARN/ EUIN. If the renewal application is submitted prior to expiry of validity period of ARN/ EUIN and the same is found in order, there would be continuity in the validity period of ARN/ EUIN, post renewal.

If the renewal application is submitted after expiry of ARN/ EUIN, validity of renewed ARN/ EUIN would commence from the date of submission of renewal application and would be valid up to the validity date mentioned on the NISM passing certificate/ CPE Certificate, in case of individual/ senior citizens/ employees. In case of Corporate ARN holders, Certificate of Registration shall be renewed for a period of three years from the date of submission of ARN renewal application.

The procedure for renewal of ARN / Certification of Registration is as under:
  • The renewal fee prescribed is as under:
Category of ARN Holder FEES (Rs.)
Banks (Other than those specified below) 2,00,000
Regional Rural Banks, District Central Co-Op. Banks, NBFC, etc 50,000
Public Ltd. Co. 2,00,000
Pvt. Ltd. Co. 20,000
Limited Liability Partnership (LLP) 20,000
Partnership Firm 10,000
Urban Co-Op. Banks, Societies and Trusts/ HUFs 10,000
Post Offices 7,500
Micro Finance Companies 7,500
Proprietorship Firm 1,500
Individual 1,500
New Cadre of Distributors 750
Employees 50% of the registration fees as per the graded fee structure mentioned for registration of employees, subject to the terms and conditions mentioned therein.

The above mentioned revised ARN fees are applicable to the ARN holders whose ARNs are falling due for renewal on or after November 1, 2012. For the ARN holders, whose ARN was falling due for renewal up to October 31, 2012 and who are applying for renewal of ARN on or after November 1, 2012, the old fees as per the details mentioned below would be applicable for renewal of ARN :
  1. For Individual and corporate employee: Rs. 2500/-
  2. For Corporate:
ENTITY FEES (Rs.)
Banks/ NBFC/ Institutional Distributors 250,000
Public Ltd. Co. 250,000
Pvt. Ltd. Co. 25,000
Limited Liability Partnership (LLP) 25,000
Partnership Firm 12,500
Societies and Trust / HUF 12,500
Post Offices 7,500
Proprietorship Firm 5,000

  • ARN holders must comply with KYD requirements. For further information on KYD please click here. Click here to get the list of CAMS POS.
  • Applications along with demand draft for the appropriate fee amount and the required documents should be submitted at CAMS POS.
  • Demand Draft should be drawn in favor of 'ASSOCIATION OF MUTUAL FUNDS IN INDIA' payable at the location of CAMS-POS where application is submitted.
  • In case of Individuals and employees, the renewal of ARN/ EUIN is subject to either passing the NISM Mutual Fund Distributors Certification Examination or attending the programme of 'Continuing Professional Education' (CPE), offered by NISM. Senior citizens are required to attend CPE.
  • They (Individuals, senior citizens and employees) are required to submit the application for renewal of ARN along with a copy of passing certificate of NISM Mutual Fund Distributors Certification Examination/ CPE Certificate and two stamp size color photographs. Self attested copy of NISM mark-sheet containing ARN Holder’s photo and PAN is accepted up to two months from date of exam. Thereafter one has to submit a self attested copy of passing certificate along with the application.
FOR NISM-MFD CPE COURSE :

The following CPE Providers are empanelled with NISM to conduct the Continuing Professional Education program for Mutual Fund Distributors :

Sr. No. Name of CPE Provider E-mail Id Contact Details
1. Centre for Investor Education & Learning Pvt. Ltd. (CIEL) cpe@ciel.co.in 022-42170575
9552551360
2. Financial Technologies Knowledge Management Co. Ltd. (FTKMC) cpe@ftkmc.com 022 - 67318840
022 - 67318908
3. National Institute of Securities Markets (NISM) cpe@nism.ac.in 022 - 66735100-05
4. National Securities Depository Ltd. (NSDL) cpe@nsdl.co.in 022 - 24994237,
022 - 24994354,
022 - 24994306
5. National Stock Exchange (NSE) cpe@nse.co.in 022 - 26598216
 
    For certificate queries, please contact :
    Tel: 022-6111 5555
    Email: cpe@nism.ac.in
    For further information on NISM Certification Test as well as CPE, one may contact :

    National Institute of Securities Markets
    6th Floor, NISM Bhavan
    Plot No 82, Sector 17
    Vashi, Navi Mumbai 400 703
    Ph: 022-6673 5100 - 05
    http://www.nism.ac.in

 

 
 
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