Association of Mutual Funds of India
{{Short description|Association of mutual funds in India}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox organization
| name = Association of Mutual Funds in India
| abbreviation = AMFI
| logo = AMFILogo.jpg
| type = Trade association (Non Profit Organisation)
| formation = {{Start date and age|1995|08|22|df=yes}}
| founder =
| purpose = Represent Indian asset management companies
| location_city = Mumbai, Maharashtra
| location_country = India{{Cite web|url=https://www.amfiindia.com/contact-us|title=Contact Us | Mutual Funds in India | Investment Plans | Tax Saving}}
| key_people = {{Unbulleted_list|Chalasani Venkat Nageswar
{{small|(Chief Executive Officer)}}|S L Pandian
{{small|(Dy. Chief Executive Officer)}}}}
| area_served = India
| owner =
| members = 44
| num_employees =
| homepage = {{URL|https://www.amfiindia.com}}
}}
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.
History
It 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.{{cite book|author=IMS PROSCHOOL|title=Introduction to Financial Planning|url=https://books.google.com/books?id=mjdmAgAAQBAJ&pg=PA184|accessdate=17 April 2015|publisher=Tata McGraw-Hill Education|isbn=978-1-259-02825-0|page=184}} As of April 2015, there are 44 members.{{cite web|title=Know About AMFI|url=https://www.amfiindia.com/know-about-amfi|publisher=AMFI|accessdate=17 April 2015}} These are asset management companies which are registered with AMFI with assets under management of over {{currency|27|INR}} lakh crore. {{cite news |title=Mutual Funds Instrumental In Channelizing Retail Saving into Capital Market: AMFi |newspaper=The Economic Times|url=https://economictimes.indiatimes.com/mf/mf-news/mf-industry-instrumental-in-channelising-retail-savings-into-capital-mkts-in-a-big-way-amfi/articleshow/77733877.cms}}
References
{{Reflist}}
External links
- [http://www.amfiindia.com/ Official website]
Category:Mutual funds of India
Category:Financial services companies established in 1995
Category:Financial services companies based in Mumbai
Category:1995 establishments in Maharashtra
Category:Finance industry associations
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