ARN Number for Motilal Oswal Focused 25 funds

Zerodha Coin - Direct MF
1

Hi All,

I have started SIP for Motilal Oswal Focused 25 Fund - Direct Growth Oprion using Coin.

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I could see the ARN number as shown in the screenshot.

Is it something that we need to take care of?
What is the relevance of ARN number?

Thanks in advance.

3

@Varadchhatbar ARN numbers are used to identify distributors and not MF scheme. So if you make an investment through a distributor, his/her ARN number will be tagged to it. That way fund knows who to pay commission and you know through whom you have made investment.
Since you are going direct here, ARN is not relevant and hence not appearing in your investment.

3 Likes
4

Nothing. You can ignore it.

1 Like
5

@Akash_Shah Okay I got it. Thank you very much.

6

@Bhuvan Okay