Association of Mutual Funds of India
The Association of Mutual Funds in India (AMFI) is the regulatory body for mutual funds sector in India. It is a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India. It was formed in 1995. Most mutual funds firms in India are its members. The organisation aims to develop the mutual funds market in India, by improving ethical and professional standards.[2] AMFI was incorporated on 22 August 1995. As of April 2015, there are 44 members.[3] These are asset management companies which are registered with AMFI with assets under management of over Rs 27 lakh crore. [4]
| Type | Division of Securities and Exchange Board of India |
|---|---|
| Founded | 1995 |
| Headquarters | , |
Key people |
|
| Owner | Securities and Exchange Board of India, Ministry of Finance, Government of India |
| Members | 44 |
| Website | https://www.amfiindia.com |
References
- "Contact Us | Mutual Funds in India | Investment Plans | Tax Saving".
- IMS PROSCHOOL. Introduction to Financial Planning. Tata McGraw-Hill Education. p. 184. ISBN 978-1-259-02825-0. Retrieved 17 April 2015.
- "Know About AMFI". AMFI. Retrieved 17 April 2015.
- "Mutual Funds Instrumental In Channelizing Retail Saving into Capital Market: AMFi". The Economic Times.
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