The Association of Mutual Funds in India (AMFI) is an association of Asset Management Companies (AMC) floating mutual fund schemes in India. As of now, all 44 AMCs registered with SEBI are providing mutual fund business in India. All these AMCs are members of The Association of Mutual Funds in India.
The main objectives of AMFI are ensuring heathy and ethical standards for the industry and protecting and promoting the interests of mutual fund investors and mutual funds. Thus AMFI functions as an organization that stipulates industry standards for mutual funds in India. It was formed in 1995.
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