Ch.4 · SEBI Mutual Fund Regulations · easy

What does AMFI stand for?

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EXPLANATION

AMFI stands for Association of Mutual Funds in India. It is an industry body of SEBI-registered mutual funds, incorporated in 1995. AMFI is not a regulator but plays a key role in setting standards and practices for the mutual fund industry.

A.Association of Mutual Funds in India [✓ Correct]

B.Authority for Mutual Fund Intermediaries

C.Agency for Mutual Fund Investments

D.Association of Market Fund Intermediaries

EXPLANATION

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