What does AMFI mean in ASSOCIATIONS
The Association of Mutual Funds of India acts as an industry body for the mutual funds industry in India. It was established in 1995, and is sponsored by 37 members which include asset management companies, trust companies, sponsor institutions, banks, and other regulatory bodies. AMFI works towards the development and promotion of the mutual fund sector in India.
AMFI meaning in Associations in Community
AMFI mostly used in an acronym Associations in Category Community that means Association of Mutual Funds of India
Shorthand: AMFI,
Full Form: Association of Mutual Funds of India
For more information of "Association of Mutual Funds of India", see the section below.
Essential Questions and Answers on Association of Mutual Funds of India in "COMMUNITY»ASSOCIATIONS"
What is AMFI?
AMFI stands for Association of Mutual Funds of India. It is an industry body established to promote and develop the mutual fund sector within India.
Who are members of AMFI?
Members of AMFI include asset management companies, trust companies, sponsor institutions, banks, and other regulatory bodies.
What are the primary goals of AMFI?
The primary goals of AMFI are to foster professionalism amongst its members while also working towards protecting investor interest through awareness campaigns and education drives.
How can I benefit from using a mutual fund scheme recommended by AMFI?
By investing in a mutual fund scheme that has been recommended by AMFI you can be sure that it will adhere to strict terms and regulations set by the association with respect to risk-taking and safety measures taken for investors' investments.
What resources does AMFI provide for its investors?
Investors can access various resources provided by AMFI such as information about various mutual fund schemes provided by different asset management firms within their network, as well as data about past performance of these schemes. Additionally, they also provide guidance material regarding certain topics such as taxation related concerns when investing in a particular scheme.
Final Words:
Overall, the Association of Mutual Funds of India provides an important service to investors looking to invest in any mutual fund scheme operated by members within their network. By utilizing their services not only can you access professional assistance but also have peace-of-mind that your investments are being handled according to strict industry standards prescribed by them.
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