National Stock Exchange

National Stock Exchange

15 January, 2009

AMFI MUTUAL FUND ADVISORS


Who is AMFI?

AMFI is the Association of Mutual Funds in India and it has been formed with the express purpose of developing the Indian Mutual Fund Industry on professional, healthy and ethical lines. The AMFI also aims towards enhancing and maintaining the standards in all areas with a view to protecting and promoting the interests of mutual funds and their unit holders.

Why AMFI Certification Test?

The Securities and Exchange Board of India (SEBI) has made mandatory for any entity / person engaged in marketing and selling of mutual fund products to pass AMFI certification test (Advisors Module) and obtain registration number from AMFI. Firms and corporates will have to obtain certification of registration from AMFI and all employees of corporate distributors engaged in selling and marketing of mutual fund products have to pass the AMFI certification test (Advisors Module) and obtain registration with AMFI before canvassing business of mutual funds.



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