Licenses

Learn about different licensing options supported in FP, to facilitate mutual fund transactions to your customers

For transactions in regular schemes

ARN

• Register with AMFI
• Work as an agent to AMC
• Get commissions from AMC

You need to register with AMFI and obtain an AMFI Registration Number (ARN) - Details

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For transactions in direct schemes

RIA

• Register with SEBI
• Work for the investor
• Can charge advisory fee to the investor

You need to register with SEBI as an Investment Adviser - Regulations

Category 1 EOP

• Register with AMFI
• Work as an agent to AMC
• Get transaction fee from AMC

You need to register with AMFI and obtain a Cat 1 EOP Registration Number - Details