what is arn number in mutual fund
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ARN stands for "Association of Mutual Funds in India (AMFI) Registration Number." It is a unique code assigned to individuals or entities that are registered with AMFI as mutual fund distributors or agents. The ARN number serves as an identifier for these distributors or agents, allowing them to legally distribute mutual funds to investors on behalf of Asset Management Companies (AMCs). This number is crucial for maintaining transparency and accountability in the mutual fund distribution process, as it helps track and regulate the activities of distributors and agents in the mutual fund industry.