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Money word, in plain English

ARN

AMFI Registration Number, the licence a mutual fund distributor needs to sell funds.

Example. You earn your ARN after clearing the NISM Series V-A exam.

An ARN (AMFI Registration Number) is the number a person or firm needs to sell mutual funds in India. You get it from AMFI after you clear the NISM Series V-A exam and complete the steps. Without an ARN, you cannot legally distribute mutual funds.

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