DocumentsAndFeesGST OPC
DocumentsAndFeesGST OPC
Category of the Required Documents Additional ARN/ EUIN GST @ 18% ARN/ EUIN
distributor Requirement Registration (in ₹) registration
Fees fees
(in ₹) (inclusive of
GST) payable
w.e.f. April 01,
2018 (in ₹)
Banks (Other - Copy of license NISM Certified & 4,00,000 72,000 4,72,000
than those issued by RBI AMFI Registered
specified below) - Copy of Board Employee
Resolution &
- List of Authorized
signatories with
Specimen signature
Regional Rural - Copy of license NISM Certified & 1,00,000 18,000 1,18,000
Banks, District issued by RBI AMFI Registered
Central Co-Op. - Copy of Board Employee
Banks Resolution &
- List of Authorized
signatories with
Specimen signature
Non Banking - Copy of Letter of NISM Certified & 1,00,000 18,000 1,18,000
Finance Registration issued by AMFI Registered
Company RBI Employee
(NBFC) - Memorandum &
Articles of Association
- Copy of Board
Resolution
- List of Authorized
Signatories with
Specimen signature
Public Ltd. Co. - Memorandum & NISM Certified & 4,00,000 72,000 4,72,000
Articles of Association AMFI Registered
- Copy of Board Employee
Resolution
- List of Authorized
Signatories with
Specimen signature
Pvt. Ltd. Co. - Memorandum & NISM Certified & 40,000 7,200 47,200
Articles of Association AMFI Registered
- Copy of Board Employee
Resolution
- List of Authorized
Signatories with
Specimen signature
Urban Co-Op. Urban Co-Op. Banks NISM Certified & 20,000 3,600 23,600
Banks, Societies, - Copy of license AMFI Registered
Trusts, HUFs issued by RBI Employee
- Copy of Board
Resolution
- List of Authorized
signatories with
Specimen signature
Societies
- Society by-laws
- copy of certificate
issued by Registrar of
Societies
- list of Authorized
signatories with
Specimen signature
Trusts
- Trust deed
- copy of Letter of
Registration
- List of trustees with
Specimen signature
HUFs
- @@ Declaration as
mentioned below
- HUF deed and
- Name of Karta &
Authorized person
with Specimen
signature
Post Office List of Authorized NISM Certified & 15,000 2,700 17,700
signatories with AMFI Registered
Specimen signature Employee
Micro Finance The relevant documents NISM Certified & 15,000 2,700 17,700
Institution as may be applicable as AMFI Registered
stated above, depending Employee
on the category under
which the Micro Finance
Institution is incorporated
viz. Society, Trust,
Company, NBFC, etc.
and the document
evidencing that the entity
is a Micro Finance
Institution
Proprietorship Self Declaration for NISM Certified & 3,000 540 3,540
Firms Proprietorship firm ** AMFI Registered
Employee
Individuals Copy of NISM passing Two stamp size 3,000 540 3,540
Certificate color
photographs
Senior Citizens Copy of CPE certificate Two stamp size 3,000 540 3,540
Criteria to apply color photographs
for allotment of
ARN under this
category :
1. A person who
has attained age
of 50 years as on
May 31,
2010 OR
2. A person who
has at least 10
years experience
in the securities
market as on
May 31,
2010 AND/OR
3. A person who
has at least 10
years experience
in distribution of
Mutual Fund
Products as on
May 31, 2010
Any individual
satisfying any of
the above
mentioned
criteria is eligible
to register
himself as ARN
holder under
senior citizen
category.
Employees Copy of NISM passing Two stamp size 1,500 270 1,770
Certificate color
photographs
## Fees for renewal of ARN/ EUIN and applicable GST are 50% of the registration fees and GST indicated
in the above table.
The prescribed fees can be paid only by demand draft in favour of the "Association of Mutual Funds in
India" payable at the location of the CAMS office (CAMS-POS) to which the form is submitted.
2. * I am myself engaged in selling and marketing Mutual Fund products/ * I am personally not engaged in
selling and marketing Mutual Fund products, but have employed Mr./ Ms.
_________________________________________ (attach a separate list in case there are more no.
of employees) for selling/ marketing Mutual Fund products on behalf of the aforesaid proprietorship firm,
for which form for registration as corporate employee is being submitted herewith.
3. I hereby undertake that all the persons who are engaged in selling and marketing Mutual Fund products
on behalf of the aforesaid proprietorship firm have a valid certification issued by NISM and are registered
with AMFI/ shall pass NISM Mutual Fund Distributors Certification Examination Series V-A and register
with AMFI before canvassing the mutual fund business.
4. I further undertake that the aforesaid proprietorship firm shall canvass/ promote mutual fund schemes
in accordance with AMFI Guidelines and Norms for Intermediaries and the AMFI Code of Conduct for
mutual fund intermediaries and the applicable SEBI Regulations and AMFI guidelines, as may be
amended from time to time.
"I/We hereby declare that I, member of OPC/ any of the person authorised/ any of the partners/ Karta of HUF
am/ is not engaged in the activity of selling/ marketing of Mutual Fund schemes and all such activities are
carried out only by the person/s employed, who has/ have a valid certification issued by NISM and are
registered with AMFI.
I/We further undertake that all our employees who are engaged in sales and marketing Mutual Fund
schemes shall have a valid certification issued by NISM and shall obtain registration with AMFI before
engaging in the activity of selling/ marketing of Mutual Fund schemes.
I/We also hereby undertake to pass Mutual Fund Distributors Certification Examination Series V-A and obtain
registration with AMFI as when I, member of OPC/ any of the person authorised/ any partner / Karta of HUF
decides to engage in sales and marketing of Mutual Fund schemes in future."