Frequently Asked Questions

What is the role of AMFI?

  1. AMC are also under an organization called the AMFI, which is a body that has been created to promote the interests of the mutual funds like CII is there for Indian industries or NASSCOM for the IT industries.
  2. They define the standards for the mutual funds working
  3. They frame the code of conduct and promote best business practices.
  4. To interact with SEBI for all related matters with the mutual funds.
  5. To represent the mutual fund industry in front of the government, RBI and other bodies which have a link with the mutual fund industry.