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AMFI is a nodal association of mutual funds across India. AMFI provides useful knowledge and insights regarding mutual funds and investments.
View Net Asset Value (NAV) for all schemes from any fund house across India.
AMFI. Mutua l Fund SIP accounts stood at 8.99 CRORE! And the total amount collected through SIP during June 2024 was ₹ 21,262 crore. Indian Mutual Funds have currently about 8.99 crore (89.9 million) SIP accounts through which investors regularly invest in Indian Mutual Fund schemes.
The Association of Mutual Funds in India is a non-profit government organisation in the Mutual Funds’ sector that acts as a primary regulator under SEBI. What is AMFI? In India, until recently, Mutual Funds were relatively unknown among investors compared to other investment options.
Apr 10, 2024 · AMFI, the Association of Mutual Funds in India, and the Securities and Exchange Board of India (SEBI) oversee and regulate the mutual funds industry. Discover more about AMFI's roles, Net Asset Value (NAV), objectives, and its importance in the financial market.
Jun 2, 2024 · The Association of Mutual Funds in India (AMFI) is a self-regulatory organisation (SRO) for the mutual fund industry in India. It was established in 1995 to protect the interests of investors in mutual funds.
Jun 27, 2024 · Discover the role of AMFI (Association of Mutual Funds in India) in promoting transparency and ethical practices in the mutual fund industry. Learn how AMFI works, its benefits, objectives, and more.
Jul 15, 2024 · The proposal from AMFI is backed by these arguments: Parity in tax treatment: Aligning the tax treatment of mutual fund pension schemes with NPS would create a level playing field, eliminating the current tax arbitrage. Expansion of pension benefits: Allowing mutual funds to launch MFLRS would extend pension benefits to millions of Indians in ...
Dec 16, 2023 · The Association of Mutual Funds in India (AMFI) stands as a stalwart, shaping the contours of the mutual fund industry. Established on August 22, 1995, AMFI has played a pivotal role in fostering growth, ensuring transparency, and championing investor protection within this dynamic financial sector.
12 hours ago · Industry body the Association of Mutual Funds in India (Amfi) had called for such changes in its Budget proposals. ... of investments in mutual funds units of any Mutual Fund specified under section 10 (23D) or the units of the Unit Trust of India, on which deductions were claimed under section 80CCB.
