Association of Mutual Funds in India (AMFI) is an Indian trade association for all the asset management companies of SEBI registered mutual funds in India.
 | |
| Abbreviation | AMFI |
|---|---|
| Formation | 22 August 1995 |
| Type | Trade association (Non Profit Organisation) |
| Purpose | Represent Indian asset management companies |
| Location | |
Area served | India |
Members | 44 |
Key people |
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| Website | www |
History
editIt was incorporated on 22 August 1995, as a non-profit organisation. As of now, 44 Asset Management Companies that are registered with SEBI, are its members. 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] 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 ₹27 lakh crore. [4]
References
edit- ^ "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.
External links
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