Certification of agents/distributors and employees

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..... MFD/CIR No. 10/310/01 dated September 25, 2001, which had inter-alia mentioned that, the existing and new employees of mutual funds particularly those involved in sales and marketing, shall be encouraged to pass the certification process by December 2002. Accordingly, it is noted that AMFI is offering a certification module for the employees of mutual funds / Asset Management Companies (AMCs). It .....

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..... 230/2002 dated November 28, 2002 and specifically to the paragraph under the heading "Exemption for Senior Citizens". It has now been decided to modify the criteria for exemption of the persons who were engaged in distribution of units of mutual funds as on 30/9/2003 as under : 1. all agents/distributors who were above the age of 50 and had experience of atleast 5 years as on 30/9/03, w .....

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