Association of Mutual Funds of India

Association of Mutual Funds in India (AMFI) is an Indian trade association for all the asset management companies of SEBI registered mutual funds in India.

Association of Mutual Funds in India

Abbreviation	AMFI
Formation	22 August 1995; 29 years ago (1995-08-22)
Type	Trade association (Non Profit Organisation)
Purpose	Represent Indian asset management companies
Location	Mumbai, Maharashtra, India[1]
Area served	India
Members	44
Key people	Chalasani Venkat Nageswar (Chief Executive Officer) S L Pandian (Dy. Chief Executive Officer)
Website	www.amfiindia.com

History

It was incorporated on 22 August 1995, as a non-profit organisation. As of now, 44 Asset Management Companies that are registered with SEBI, are its members. Most mutual funds firms in India are its members.

The organisation aims to develop the mutual funds market in India, by improving ethical and professional standards.^[2] As of April 2015, there are 44 members.^[3] These are asset management companies which are registered with AMFI with assets under management of over ₹27 lakh crore. ^[4]