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Ask Cafemutual: Here is how to renew your ARN if it has expired

Here are some important lessons advisors can learn from Bollywood.

Fund managers adjust the duration of portfolio by taking a call on the direction of interest rate movements.

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Investment Advisor Certification Examination is meant for advisors who are registered with SEBI.

Partnering an ND can get you support in terms of business development and support, attractive payouts, infrastructure support. However, the final call must be based on your needs and preferences.

As per AMFI, if assets are transferred from one ARN to another, trail is neither paid to the old distributor nor the new distributor.

All commission including trail, in respect of business procured prior to expiry of ARN and suspended due to non-renewal, is forfeited.

IFAs can send their scorecard and demand draft to AMFI to renew their ARN if they haven’t received their certificate yet.

If the investor dies before the lock in period, the nominee can redeem from ELSS only after the completion of one year from the date of allotment of units to the assesse.

Memorandum of Association should authorise the company to distribute mutual funds in order to qualify to get AMFI registration number (ARN).

Investors are required to quote PAN if the invested value exceeds Rs 50000.