https://v2.webnotes.in/tags/sro/Recent content in SRO on WebNotesHugoen-INFri, 19 Jun 2026 00:00:00 +0000https://v2.webnotes.in/amfi-association-of-mutual-funds/Tue, 12 May 2026 00:00:00 +0000https://v2.webnotes.in/amfi-association-of-mutual-funds/<p>The <strong>Association of Mutual Funds in India</strong> (<strong>AMFI</strong>) is the apex industry body of <a href="https://v2.webnotes.in/sebi-investment-management-department/">SEBI</a> -registered asset management companies (AMCs) in India. It was incorporated on 22 August 1995 by a group of ten AMCs as a non-profit organisation, and is recognised under the <strong>Securities and Exchange Board of India (Mutual Funds) Regulations, 1996</strong>, which brings all fund houses together under a common self-regulatory framework. Its headquarters are in Mumbai. Membership is effectively mandatory for every operational AMC; AMFI had 49 member AMCs as of August 2025, and the industry collectively managed assets under management (AUM) of Rs 81.58 lakh crore as of 31 May 2026, with monthly systematic investment plan (SIP) inflows crossing Rs 30,000 crore in May 2026.</p>