Association of Mutual Funds of India

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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]

References[]

External links[]

• Official website

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