Lesson 1 of 50 for advisers · ARN, EUIN and renewal · 4 min read · Reviewed 13 Nov 2026
An ARN and EUIN are valid for 3 years. From the day after expiry the distributor cannot sell, new purchases go into the Direct plan, and trail is withheld. Renewed within 3 months, the withheld trail is paid. Renewed later, that trail is forfeited and trail restarts only from the renewal date.
Anyone who sells mutual funds needs an ARN from AMFI, after passing NISM Series V-A. A firm gets one only if at least one employee holds a valid certificate and an EUIN.
The EUIN is a permanent number tied to the person’s PAN. It stays the same when they change employer or set up on their own.
Both are valid for 3 years and can be renewed online up to 6 months before expiry. An individual’s ARN runs only as long as their NISM certificate, so the certificate is renewed first.
Miss the date and the ARN is invalid from the next day. Renew within 3 months and the withheld trail is released. Renew later and the trail for the gap is lost for good.
Key idea: Renew the NISM certificate first, then the ARN, inside the 6-month window before expiry.
Try the short quiz on this page to check what stuck.
For an individual, ₹3,000 to register and ₹1,500 to renew, plus 18% GST. An employee’s EUIN costs ₹1,500 and ₹750. A private limited company or LLP pays ₹40,000 and ₹20,000.
Fund houses may treat the ARN as cancelled and take no fresh business under it. After 3 months they also write to the distributor’s clients.
No. The EUIN is linked to your PAN and stays with you.
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