AMFI

AMFI, or the Association of Mutual Funds in India, is the regulatory body that promotes and oversees mutual funds in the country. It was established to protect investor interests, enhance transparency, and improve the overall understanding of mutual funds. AMFI works with various stakeholders, including fund houses, distributors, and regulators, to set standards and guidelines for the mutual fund industry. It also helps educate investors about the benefits and risks of investing in mutual funds, aiming to foster a more informed and confident investment community.