Ch.2 · Mutual Fund Structure Basics · easy
What is the role of AMFI in the context of the Indian mutual fund industry?
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EXPLANATION
AMFI (Association of Mutual Funds in India) is the industry body of SEBI-registered AMCs. It promotes mutual fund investing through investor education, registers and regulates mutual fund distributors (ARN), and maintains industry standards. It is not a regulator — SEBI is.
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