AMFI
Association of Mutual Funds in India, the industry body for mutual funds. It is not a regulator.
AMFI (Association of Mutual Funds in India) is the industry body that mutual fund companies belong to. It sets industry standards and issues the ARN that distributors need. It is not a regulator, that role belongs to SEBI. Do not mix the two up, the exam likes to test it.
Questions people ask
What is the full form of AMFI?
AMFI stands for Association of Mutual Funds in India, the industry body that mutual fund companies belong to. It sets standards and issues the ARN that distributors need.
Is AMFI a regulator?
No. AMFI is an industry body, not a regulator. The regulator for mutual funds is SEBI. A common exam trap is to mix the two up.
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