NISM's CPE has now replaced the AMFI Refresher Course

Greetings from CIEL

 As you may be aware, the certification process for mutual fund distributors has undergone a change from June 1, 2010. Please see www.nism.ac.in for details. The AMFI Refresher Course (earlier mandated for those whose certificate validity has expired) has now been replaced by the continuous professional education (CPE) program of the NISM.

Procedure for registration:

 Kindly reply to this email (with name, PAN no and ARN no/AMFI Certificate no) confirming your attendance for the said programme, so that we can block your seat. There are limited seats available for the program. Registrations would close 3 days prior to the program date.

 You need to bring the following documents for verification to the venue :

·             Copy of ARN Card (kindly carry the original for verification)/AMFI or NISM Certificate (in case of employees who do not have  ARN cards in their own name)

·             Copy of PAN Card (kindly carry the original for verification)-Mandatory

·             2 passport size photographs

·             Duly filled New Registration Form (enclosed)

·             DD for Rs 1500/- payable in Mumbai , favouring National Institute of Securities Markets.

If there is anything else you would like to know, please drop an e-mail to cpe@ciel.co.in or contact Ms Meghna on 9552551360

Please go through the following :-

Eligibility Criteria: Type I: Any person who has appeared for the NISM/AMFI Certification Examination(s) for Mutual Funds and/or the AMFI Refresher Course/ NISM CPE for Mutual Funds and the certificate for such examination/refresher course/ CPE is still valid may appear for NISM CPE for Mutual Fund Distributors on submission of required documents. 

Documents Needed to be SUBMITTED For Type I: 1. Photocopy of PAN card; 2. Photocopy of either: ARN Card or NISM or AMFI Examination/ Refresher Course/ CPE Certificate.

Type II (a): Any person who has attained the age of 50 years as on May 31^st 2010 whether holding or not holding an ARN card and/or certificate for NISM Certification/ CPE or AMFI Examinations/ Refresher Courses for Mutual Funds, may appear for NISM CPE on submission of required documents. Documents Needed to be SUBMITTED for Type II (a): Photocopy of PAN card

Type II (b): Any person having at least 10 years of total experience as on May 31^st 2010 in the sale and distribution of mutual funds, whether holding or not holding an ARN card and/or certificate for NISM Certification/ CPE or AMFI Examinations/ Refresher Courses for Mutual Funds, may appear for NISM CPE on submission of required documents. Documents Needed to be SUBMITTED for Type II (b): 1. Photocopy of PAN card; 2. Photocopy of either: ARN Card or NISM or AMFI Examination/Refresher Course/CPE Certificate (not mandatory) 3. A letter on Letter Head of a Mutual Fund /National Distribution house/Registrar and Transfer Agent for Mutual Funds, signed by an authorized signatory certifying that the candidate has been employed /engaged in the sale and/or distribution of mutual fund products for a period of atleast 10 years.

Please note that candidates are required to CARRY IN ORIGINAL the above mentioned documents (as listed for each Type) to the CPE venue for verification in order to obtain permission for appearing for CPE for Mutual Fund Distributors.

Please note that if neither the ARN Card nor the relevant certificate is presented for validation along with submission of a photocopy, request for inclusion of such details in NISM CPE Certificate will not be entertained.

From January 1, 2011 onwards, CPE requirements have to be complied within the validity period of the certificate.

Thanks and Regards,

Meghna Raveendra,

Centre for Investment Education and Learning Ltd.

 +91 9552551360