EUIN is a unique number allotted to employees of distributors involved in selling mutual fund products. This number is being allotted pursuant to AMFI best practices circular no. 33 dated December 31, 2012 as amended vide AMFI best practice circular no. 37 dated March 28, 2013.
EUIN will assist in identifying the employee who sold the mutual fund product and address issues of mis-selling even if he/she leaves the employment of the distributor.
While investing in any mutual fund scheme, please specify the EUIN of the employee / distributor who advised you on the investment. If you have not sought any investment advice but merely executed the transaction through a distributor, please sign the declaration to this effect. Below is the relevant portion of the application form which you need to fill.
Investors shall ensure that the application form, if routed through a Distributor shall have a valid ARN code, Sub broker ARN code, and EUIN.
Investors are further requested to use only those application forms/ transaction forms which have spaces for the Sub broker ARN code and the EUIN.
Investors are further requested to use only those application forms/ transaction forms which have spaces for the Sub broker ARN code and the EUIN.
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