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How do I transfer mutual funds from one ARN to another?
Also, you are allowed to transfer AUM by surrendering your existing ARN and obtaining fresh ARN/EUIN. AMFI will honour such transfer even if existing ARN is surrendered or not valid. However, you will have to make such a transfer request within six months of cancellation of the existing ARN.
How do I change my bank account on my mutual fund distributor?
Steps for change of Bank account details with a mutual fund: For registering change in bank account details, the investor needs to submit the prescribed bank mandate form to the mutual fund / its Registrar along with a cancelled cheque leaf or such other documents* of the new bank account.
How do I change my mutual fund distributor?
The request for change can be made using a form prescribed by the fund house or a letter requesting the change. The form can be obtained from the fund house, investor service centres or the distributor.
How much commission will I get as a mutual fund distributor?
Mutual fund commission for distributors varies based on the Asset Management Companys terms and conditions. It can range from 0.1% to 2% of Assets Under Management (AUM), or be higher for certain mutual funds.
How do I remove a broker from a mutual fund?
Contact AMC: docHub out to the Asset Management Company (AMC) of the mutual funds you hold. Switch Request: Request a switch from regular plans (broker-assisted) to direct plans. Fill Forms: Complete the necessary switch request forms provided by the AMC. KYC Documents: Submit KYC documents, if required.
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The Postal Ballot form is also enclosed to this Notice. ... Company's Registrar and Share Transfer Agent, Karvy Fintech Private Limited (Karvy/RTA) (in case ...
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