Amfi form change 2025

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If the distributor code is changed back to the original ARN code within the cooling off period of 6 months, then the cooling off period of further 6 months shall restart from such date of change of distributor code e.g., If the distributor code is changed from Distributor A to Distributor B on 25-Mar- 2024, the
To transfer mutual funds online from one broker to another, log in to your demat account and navigate to the mutual funds section. Select the transfer option, choose the fund and the number of units to transfer, and specify your demat account as the destination. After reviewing the details, submit the request.
To change your broker online, just open an account with the new broker and process the transfer request forms through their online platform, along with other necessary steps to facilitate this change.
If you wish to shift your mutual fund holding / folios under my ARN to some other mutual fund distributor, you will need to submit a written request to the concerned AMC / RTA specifying the name and ARN the mutual fund distributor within 15 days of this email/letter.
AMFI allowed AMCs to pay trail commission to MFDs if a client transfers his assets from one MFD to another. However, AMCs can only pay trail commission after cooling off period of six months from the date of transfer of assets by investors.
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In respect of change in distributor/ ARN code initiated by the investor, the AMCs may consider making payment of trail commission to the transferee distributor after a cooling off period of six months from the change of distributor code in the unitholder database, the industry body said.
The overall commission range typically falls between 0.05% to 2% of the schemes AUM (Assets Under Management). However, the exact commission depends on factors such as: AUM (Asset Under Management) of the scheme. TER (Total Expense Ratio)
Association of Mutual Funds in India (AMFI) is a non-profit industry body of the asset management companies (AMCs) of all Mutual Funds in India that are registered with Securities and Exchange Board of India (SEBI).

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