Association of Mutual Funds of India

From Wikipedia, the free encyclopedia
Jump to: navigation, search

The Association of Mutual Funds in India (AMFI) is the self-governing association of mutual funds in India. Incorporated on August 22, 1995, as a non-profit organisation, it counts the 47[1] asset management companies that are registered with the Securities and Exchange Board of India (SEBI) as its members.

Funded and administered by the mutual fund industry, its mandate includes broadening investor awareness of and investments in mutual funds; setting minimum standards for investor documents and mutual fund practices; and regulating as well as setting codes of practice for distribution and sales in the industry, including the certification of distributors and intermediaries.

External links[edit]