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AMFI Circulars related to MFDs

Access the latest AMFI circulars and regulations for mutual fund distributors.

Circular Reference
Subject
Date of Circular
CIR/ARN-33/2026-27
Registration of MFD for distribution of Mutual funds Product and Specialized investment product under single examination viz. NISM – V D
28 Jul 2026
AMFI/MFD-CIR/32/2025-26
AMFI Master Circular for Mutual Fund Distributors
14 Jan 2026
CIR/ARN-31/2025-26
Partial Modification in AMFI Circular No. CIR/ARN-01/02-03 dated Jan 15, 2003, Guidelines for the Registration of Intermediaries
31 Dec 2025
CIR/ARN-30/2025-26
Partial Modification in AMFI Best Practices Guidelines Circular No. CIR/ ARN-25 / 2023-24 dated March 28, 2024, Standard / Centralised Process for Transfer of AUM of one MFD to another MFD and 135/BP/ 106 /2022-23 dated March 21,2023 Revision in the Guidelines on Transfer of AUM from one MF Distributor to another
27 Oct 2025
135/BP/106A/2025-26
Modification in the Guidelines on Transfer of AUM from one MF Distributor to another Distributor
17 Oct 2025
CIR/ARN-29/2025-26
Registration of MFDs for distribution of Specialized Investment Funds (SIFs)
30 Jul 2025
CIR/ARN-28R/2024-25
Time limit for renewal of ARN & Payment of commission to MFDs on business procured prior to expiry of ARN validity
2 Apr 2025
CIR/ARN-27/2023-24
Discontinuation Biometric Process and Mandatory Online registration for AMFI Registration / Grant of ARN
17 Sep 2024
CIR/ARN-26/2023-24
Advisory regarding Contests run by AMCs and Mutual Fund Distributors for sales promotion
24 Jul 2024
CIR/ARN-25/2023-24
ARN Circular no. 25 - Centralised Process for AUM Transfer from one MFD to another
Annexure 1a & 1b - Sample of letter to be sent by Transferor MFD to MF clients to inform about change of ARN
Annexure 1(C ) - Sample of letter to be sent to MF clients of deceased MFD for change of ARN code
Annexure 2 - Application form for Transfer of AuM to be submitted by Transferor
Annexure 3 - Application for Transfer of AuM - Covering letter to RTAs
Annexure 4 - Declaration be submitted by Transferee MFD
Annexure 5 - Application form for Transfer of AuM to be submitted by Nominee & Legal heir of deceased MFD
Annexure 6 - NOC from other legal heirs for transfer of AUM in favour of one of the legal heirs
Annexure 7 - Individual Affidavits to be given by ALL the Legal Heirs
Annexure 8 - Bond of Indemnity furnished jointly by all Legal Heirs for Transfer of AUM without Legal Representation
Annexure 9 - Bank Attestation of Signature & bank ac details of legal heir
28 Mar 2024
CIR/ARN-24/2023-24
Facility / Option to apply for ‘Provisional’ ARN to non-individual entities pending EUIN mapping
Annexure A - LOU for EUIN mapping subsequently - Individual to Corporate MFD
Annexure B - Sample of letter to be sent to MF clients by Individual MFD
Annexure C - LOU for EUIN mapping subsequently by Co.LLP
28 Mar 2024
135/BP/ 107 /2022-23
AMCs to accept business only from empanelled Distributors
4 May 2023
135/BP/ 106 /2022-23
Revision in the Guidelines on Transfer of AUM from one MF Distributor to another
21 Mar 2023
CIR/ARN/23/2022-23
Time Limit for submission of annual DSC
25 Jul 2022
CIR/ARN-22a/2022-23
ARN Circular 22a - Revised Code of Conduct for MFDs 2022
Revised Code of Conduct for Mutual Fund Distributors - April 2022
7 Apr 2022
CIR/ ARN-21/ 2021-22
Classification of Sole proprietorship for ARN purposes
30 Mar 2022
135/BP/ 99 /2021-22
Data Sharing Principles to be followed by AMCs while sharing Unitholders’ Data
29 Mar 2022
CIR/ ARN-20/ 2021-22
Time limit for renewal of ARN
SEBI Clarification w.r.t. Data feeds in respect of Direct Plan transactions by the Mutual Fund Distributors, Registered Investment Advisers, Portfolio Managers and Stock Brokers
Documentary evidence for having applied to ROC for Name Change
Request for Change of Name of MFD - Pursuant to SEBI IA Regulations (Form for Proprietary concerns)
Request for Change of Name of MFD - Pursuant to SEBI IA Regulations (Form for non individual MFDs other than Proprietary concern)
28 Mar 2022
AMFI/CIR-19/2020-21
AMFI GUIDANCE ON MFD NOMENCLATURE(Pursuant to Regulation 3(3) of the SEBI (Investment Advisers) Regulations, 2013)
20 Oct 2020
AMFI/CIR-18/2019-20
AMFI Circular no. CIR-18 dt. 04-Jul-2019 - Time Limit for submission of annual DSC
4 Jul 2019
135/BP/ 77/ 2018-19
Standard Process for Capturing / Updating Email Address and Mobile Number of investors
20 Mar 2019
135/BP/ 76/ 2018-19
Standard Procedure for Tagging Transactions to T-30 / B-30 PIN Codes
20 Mar 2019
CIR/ARN-17/14-15
Revised Self Declaration formats
26 Sep 2014
CIR/ARN-16/13-14
AMFI Circular on AMFI Registration for Overseas Distributors
20 Aug 2013
CIR/ARN-15/12-13
AMFI Circular on payment of commission in case of demise of Agent / Distributor
28 Mar 2013
CIR/ARN-14/12-13
AMFI Registration / NISM Certification / KYD Compliance for Overseas Distributors
13 Jul 2012
CIR/ARN-13/11-12
Unified AMFI Guidelines for AMFI REGISTERED MUTUAL FUND ADVISOR (ARMFA) - Clarification/Modification in respect of Clause no. 5.6 on Declaration of Self Certification (DSC), Clause No. 6.3 a) and 6.3 b) on Suspension of Payment of Commission
14 Oct 2011
CIR/ARN-12/10-11
Unified AMFI Guidelines for AMFI REGISTERED MUTUAL FUND ADVISOR (ARMFA) - REVISION IN FORMATS FOR DECLARATION OF SELF CERTIFICATION
1 Mar 2011
CIR/ARN-11/09-10
Unified AMFI Guidelines for AMFI REGISTERED MUTUAL FUND ADVISOR (ARMFA) - REVISION IN FORMATS FOR DECLARATION OF SELF CERTIFICATION
11 Aug 2009
CIR/ARN-10/09-10
Unified AMFI Guidelines for AMFI REGISTERED MUTUAL FUND ADVISOR (ARMFA) - REVISION IN FORMATS FOR DECLARATION OF SELF CERTIFICATION
9 Jun 2009
CIR/ARN-09/08-09
Unified AMFI Guidelines for AMFI REGISTERED MUTUAL FUND ADVISOR (ARMFA)
18 Jul 2008
CIR/ARN-08/06-07
AMFI Certification
23 Nov 2006
CIR/ARN-07/06-07
Clarification regarding Self-Certification & Suspension of Payment of Commission
6 Jul 2006
CIR/ARN-06/05-06
Clarification regarding Payment of Brokerage to Intermediaries
29 Mar 2006
CIR/ARN-05/04-05
Clarifications regarding Self-Certification by Intermediaries
16 Jul 2004
CIR/ARN-04/03-04
Clarifications regarding Self-Certification And Nomination Facilities to Agents / Distributors
27 Jan 2004
CIR/ARN-03/03-03
Clarifications regarding payment of brokerage to intermediaries after September 30, 2003
3 Sep 2003
CIR/ARN-02/02-03
Clarifications on the implementation of AMFI Guidelines
31 Mar 2003
CIR/ARN-01/02-03
Guidelines for the Registration of Intermediaries
15 Jan 2003