AMFI
Regulation & taxAssociation of Mutual Funds in India — the industry body publishing official NAV and scheme data.
In plain terms
The primary source for fund data, free of whatever a platform wants to sell you.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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AMFI Registration Number
Market basicsAlso called: ARN
The registration number identifying a mutual fund distributor, recorded against the folio it sold.
In plain terms
Striking it off stops that distributor being credited and redirects fresh money, but it does not move units you already hold out of the regular plan.
Liquidity stress test
Market basicsA monthly disclosure by small cap and mid cap funds, in a format standardised by AMFI, showing how long the portfolio would take to liquidate alongside concentration, valuation and composition data.
In plain terms
Read it as an evacuation plan rather than a weather forecast. It does not say a fire is coming; it says how long the building takes to empty, which is a fact about the building and was measurable the whole time.