Ask Us

Ask us: You will be required to obtain an NOC from the national distributor and clients and inform respective AMCs about this transfer.

Ask us: Since AMFI norms say that assets can only be transferred to valid ARN, you will have to first ensure that the new ARN is KYD complaint.

Currently, mutual fund distributors earning less than Rs.20 lakh and not having GST registration are exempted from paying GST.

While the new AMFI norms lead to permanent suspension of ARN if it is not renewed within six months of the date of expiry, you can continue to renew your ARN even now as the new guidelines have come into effect from August 1, 2020.

You can distribute host of products subject to approval of respective regulators.

Ideally, you should renew your ARN before the expiry of your ARN to avoid forfeiture of trail commission.

Currently, there is no timeline to renew ARN.

AMCs are allowed to do upfronting of trail commission only for first time SIP investor based on PAN.

You can avail GST exemption if you earn less than Rs.20 lakh across all financial products irrespective of your physical location.

You will have to pay GST from Re.1 even if you earn less than Rs.20 lakh and have GST registration number.