Become a Mutual Fund Distributor

1. Eligibility Requirements

• Must be 18 years or older.
• Basic education qualification: 10th/12th pass (preferably higher).
• PAN card and Aadhar card.
• Bank account and Cancelled cheque.

2. Register for NISM Series V-A Exam

1. Visit NISM’s official website.
2. Enroll for the Mutual Fund Distributors Certification Examination (NISM Series V-A).
3. Pass the exam with a minimum score of 50%.

3. Apply for ARN (AMFI Registration Number)

1. After passing the NISM exam, register with AMFI (Association of Mutual Funds in India).
2. Go to the AMFI website and apply for the ARN.
3. Submit required documents:
   • NISM certificate.
   • PAN and Aadhar.
   • Address proof.
   • Passport-size photos.

4. Pay Registration Fees to AMFI

• Pay the ARN application fee (approx. ₹3,000 for individuals).
• Receive your ARN within a few weeks after approval.

5. Empanelment with AMCs (Asset Management Companies)

• After obtaining the ARN, empanel yourself with various mutual fund companies (AMCs) or Empanel with Distributor Like FundsCentre.in.
• Complete their registration process to start selling mutual fund products.

6. Set Up Your Business Infrastructure

• If working independently, arrange a laptop, internet connection, and business cards.
• Alternatively, join platforms like FundsCentre.in for infrastructure and support.

7. Stay Compliant & Renew ARN

• Renew your ARN every three years by completing Continuing Professional Education (CPE) programs or retaking the NISM exam.