v 1.1.0

About Membership

A limited purpose membership is being offered to all the Mutual Fund distributors to use the exchange infrastructure to purchase and redeem mutual fund units on behalf of their clients.

Eligibility Criteria

Entities allowed to seek permission :

  • > Individuals
  • > Partnership Firms
  • > Corporate / LLP / Trust / Societies / any other entities granted membership by AMFI as a Distributor

AMFI Registration Number :

  • > Applicant should have valid registration with AMFI in name of Individual / Entity seeking limited membership on Exchange platform

Documents required to be submitted

  • > Application form -Annexure 1
  • > Undertaking to be submitted by Mutual Fund Distributor- Annexure 2
  • > Certified true copies of ARN certificates
  • > Board Resolution in case of Corporates
  • > Certified True copy of GST certificate
  • > MFSS Segment Registration documents

Membership Registration Fees :

  • > The membership registration fee of Rs. 2000/-(plus applicable taxes) to avail membership of MFSS Segment has now been discontinued till further notice.

Grant of Membership

On successful scrutiny, the exchange will grant membership of the MFSS Segment platform to the applicant.

Surrender of membership

The existing members of MFSS Segment platform can apply for surrender of membership by submitting below given form.
Surrender form