ARN stands for AMFI Registration Number which refers to a unique code given to every mutual fund seller, broker, agent or intermediary. The intermediary party has to abide by all the terms and conditions as mentioned in the Seller’s code of Conduct. These guidelines have been laid by SEBI in order to ensure that the distributors comply with the undertaking as mentioned in the application form.

It comes as an identity card with photograph, address, ARN code and validity of the ARN code. If you are a corporate, then you will receive a registration letter having your ARN code, ARN code validity and, name of the corporate. The employees of such corporations are issued with a EUIN card which holds corresponding details. There is a provision for senior citizens to get the ARN code through Continuing Professional Education (CPE).

ARN Code basically enables a qualified distributor or broker who possesses ARN Code to sell the mutual funds.


In order to safeguard the interests of the investor and all parties involved in the process of buying and selling mutual funds, SEBI and AMFI have set up certain guidelines and terms which need to be adhered to. Acquiring an ARN code is one such obligation which all distributors and sellers need to abide by and educate the investors regarding the risk involved in investing in the mutual fund and ways to mitigate the risk. In order to attain an ARN code, the intermediary needs to clear a certification called National Institute of Securities Markets (NISM) certification. Upon clearing this exam, registering with AMFI is must in order to acquire the ARN.


CAMS works on behalf of AMFI in order to process the ARN code requests and issues the number accordingly.

Following things needs to be considered while going for ARN

  1. The application must be made in the prescribed form. You can make an online application at CAMS online service or visit the CAMS and AMFI offices for the same.
  2. KYD or know your dealer is required to be submitted along with the application form. Once the KYD is filled, the individual must submit the form in person.
  3. NISM certificate copy, PAN card copy, Aadhar card copy, bank account proof, and two passport size photographs.
  4. There is a fee of Rs. 3540 for senior citizens and individuals which includes GST.


ARN Code serves the same purpose as an Aadhar card for an intermediary while dealing with mutual funds. it holds equal importance with both seller and investor. It can help an investor in tracking down the assets mobilized by the intermediary, to calculate his brokerage, check for his credentials, and also if in case an investor wishes to change the distributor.

An intermediary is only eligible to sell mutual funds once he attains the ARN. The AMFI has taken special measures to make sure that the investor has full access to the credentials of his distributor while buying mutual funds from him. Also, in case the distributor gets changed, the investor is not charged with any commissions which in itself is a monetary benefit.