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  • MF News MFDs can update address, GST and map or demap EUIN completely online

    MFDs can update address, GST and map or demap EUIN completely online

    AMFI has launched AMFI 2.0 for distributors to facilitate ease of business.
    Nishant Patnaik Jun 25, 2024

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    AMFI has revamped its distributor platform by launching AMFI 2.0. With this, MFDs can update their address or GST registration number and map or demap EUIN of their employees completely online. 

    In a communication, AMFI said, “The new and enhanced platform will go live on June 23, 2024 (Sunday) and will continue to cater to all the distributor services with respect to ARN/EUIN registration/renewal and other AMFI services. This will also include additional features like online address updation, GST updation and EUIN mapping/demapping.”

    AMFI has also launched a dedicated helpline number for distributors 1800-5726-592 to provide them more clarity and handle their queries for smooth migration.
    The trade body suggests MFDs to change their login password for the first time. User id will remain unchanged. AMFI said, “Reset your login passwords while logging into the new platform for the first time - your login name will continue to the same as the existing/current one that you are using.”

     

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    1 Comment
    INSIGHTFUL INVESTORS · 4 months ago `
    It's a tiring & exhaustive work profile. You get only a bit of bread & have to finish cumbersome task. Your Energy level drains in regulatory compliances adherence. Clients also feels you are irrelevant because regulator is empowering them for such to initiate Direct Investment. So no need for 2.0. SEBI is getting narcissistic for MFD community & strangulating them slowly in a phased manner. AMC too doesn't have the courage to protest this conspiracy.
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