NISM Certifications · NISM-Series-V-A: Mutual Fund Distributors · Fund Distribution and Channel Management Practices
Under the AMFI Code of Conduct for mutual fund distributors, which of the following must a distributor display on their documents and communication with investors?
A distributor must display their AMFI Registration Number (ARN) because it identifies them as AMFI-certified and registered to sell mutual fund units. Personal PAN images, bank account numbers or income tax returns are not required to be shown in communication with investors.
- ATheir AMFI Registration Number (ARN)Correct
- BTheir personal PAN card image
- CTheir bank account number
- DTheir income tax returns
Explanation
A mutual fund distributor must hold a valid ARN issued by AMFI and quote it on transaction forms and communication with investors. PAN, bank account and income tax details are not required to be displayed to clients.
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