The Association of Mutual Funds in India (AMFI) was established in 1995. It seeks to promote mutual fund interests, safeguard investors and intermediaries, and foster industry growth in India.
The main aim of AMFI is to interact with SEBI and offer them all the information concerning mutual funds. It represents regulatory bodies and sets ethical standards in the mutual fund sector.
AMFI's primary function is to represent the Indian mutual fund sector and collaborate with SEBI for rule-making and oversight. It's a platform for industry issues, training, research, and promoting mutual fund benefits to investors.
The AMFI Mutual Fund Distributors Certification Examination (AMFI-MFD) is an online exam conducted by the Association of Mutual Funds in India for individuals who wish to become mutual fund distributors in India.