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What are the objectives of AMFI?

By IndianMoney , 6 months ago

1. To outline ethical and uniform professional standards in every mutual fund operating under the association. 2. To encourage members and investors to maintain ethical business practices and regulations. 3. To get AMCs, agents, distributors, advisories and other bodies involved in the capital market or financial service fields to comply with their guidelines. 4. To network with SEBI and comply with their mutual fund regulations. 5. To represent the Finance Ministry, RBI, and SEBI on everything related to the industry. 6. To spread awareness across the country on safe mutual fund investments. 7. To distribute information on mutual fund conduct research, sector and workshops on various funds. 8. Keep a check on Code of Conduct of everyone included and take disciplinary action in case of rule violations. 9. Investors can approach AMFI to air their grievances and register complaints against a fund manager or a fund house. 10. Safeguards the interest of investors and asset management companies

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