What is AMFI exam?
What is AMFI Exam? Association of Mutual Funds in India was conducting the AMFI Certification ( Mutual Fund ) Exam till June 1, 2010. It was earlier popularly called as Mutual Fund Advisor Exam. SEBI has replaced AMFI Certification Exam with NISM Series V A Mutual Fund Distributors Certification Exam. ( Series 5 A )
How do I get on the AMFI exam?
For registering with AMFI, Intermediaries are required to apply in the prescribed form. The form can be obtained from the office of AMFI or any office of CAMS. Alternatively, the form can also be downloaded from AMFI’s website www.amfiindia.com.
Which exam is required for mutual fund advisor?
So to be a mutual fund advisor, you should be of 18 years and minimum qualification is class 12 or class 10 with 3 years of diploma. The exam you need to pass is the National Institute of Securities Markets(NISM) V-A certification exam.
What is ARN certified?
ARN refers to Application reference number. It is a unique number which is assigned to all the qualified mutual fund distributor or expert for trading in various schemes.
What is the full form of AMFI?
The Association of Mutual Funds in India (AMFI) is dedicated to developing the Indian Mutual Fund Industry on professional, healthy and ethical lines and to enhance and maintain standards in all areas with a view to protecting and promoting the interests of mutual funds and their unit holders.
What is AMFI code?
The AMFI Code of Ethics, “The ACE” for short, sets out the standards of good practices to be followed by the Asset Management Companies in their operations and in their dealings with investors, intermediaries and the public.
How can I pass Nism VA exam?
Preparation Tips for Nism VA Certification Examination:
- Make sure you plan each lesson separately and practise a lot on the topics you are uncomfortable with.
- Don’t just focus on one question as it will consume the time needed to answer the questions you might be able to answer accurately.
What is the role of AMFI in mutual fund?
How do I get ARN code for mutual funds?
How to Apply for an ARN Code?
- Obtain the application form for ARN from your nearest CAMS.
- Fill all the details on the form carefully.
- Attach the documents required with the application form.
- Submit the form along with self-attested documents for further processing.
What is a Arn?
In credit card transactions, the ARN is a unique number assigned to a transaction when it goes from the merchant’s bank (acquiring Bank) through to the card scheme at the cardholder’s bank (Issuer). The ARN can be used to track a payment or refund.
What is the difference between Arn and EUIN?
Unlike the ARN which is common to the entire organisation, the EUIN is unique to that specific employee. Assigning this specific number, which is distinct from the company’s ARN, helps to affix responsibility for mis-selling.
What is AMFI?