Question



What is the full form of AMFI?

A.

Annual Master Fundings of India

B.

Association of Mutual Funds in India

C.

Associated Money Funding of India

D.

Annual Money Funds of India

Correct option is B


The full form of AMFI is Association of Mutual Funds in India. AMFI is the industry standards organization and self-regulatory body for mutual funds in India. It works to promote the mutual fund industry, establish standards, and protect the interests of investors.
Information Booster: AMFI plays a key role in regulating and promoting mutual fund products, ensuring that they operate transparently and in the best interests of investors. It works in close collaboration with the Securities and Exchange Board of India (SEBI) to implement regulations and best practices in the industry.

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