General Intelligence · Mutual Funds Industry
The Association of Mutual Funds in India (AMFI) functions as an industry association that interacts with the regulator and the government on behalf of Asset Management Companies. One of its primary responsibilities is the registration of mutual fund distributors. Every individual or entity wishing to sell or distribute mutual fund products must obtain a registration number from this association. What is the name of this mandatory registration number, and what is the primary qualification required to obt ain it?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Financial Product Distributor ID (FPDI) and passing the IRDAI certification for insurance agents.
- 2Mutual Fund Advisor Code (MFAC) and a minimum experience of three years in the banking sector.
- 3AMFI Registration Number (ARN) and passing the NISM Series V-A Mutual Fund Distributors Certification Examination.✓
- 4SEBI Registration Number (SRN) and a post graduate degree in finance or management.
Correct answer
AMFI Registration Number (ARN) and passing the NISM Series V-A Mutual Fund Distributors Certification Examination.
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