ARN in Mutual Funds
If you’ve ever thought about investing in mutual funds, you’ve likely come across the term “ARN.” If it seems confusing, don’t worry – we’re here to simplify it for you.
ARN stands for Application Reference Number, and it’s essential in India’s mutual fund industry. Think of it as a unique identification number for those who sell mutual funds. Just as you need a license to drive a car, mutual fund distributors need an ARN to sell mutual funds.
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