PaperTradingApp
4 posts
Apr 19, 2024
2:16 AM
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ARN (AMFI Registration Number) is a unique identifier assigned to entities authorized to distribute mutual funds in India. These entities, often referred to as mutual fund distributors or agents, play a crucial role in facilitating investments by providing guidance and assistance to investors. The ARN number helps investors verify the legitimacy of distributors and ensures compliance with regulatory standards set by the Association of Mutual Funds in India (AMFI). Investors can find the ARN number displayed prominently on the distributor's website, business cards, and other promotional materials. Before investing, it's advisable to confirm the distributor's ARN status to ensure transparency and trustworthiness in mutual fund transactions.
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