Association of Mutual Funds of India
Association of Mutual Funds in India, abbreviated as AMFI, is the association of all the asset management companies of SEBI registered mutual funds in India. It was incorporated on 22 August 1995, as a non-profit organisation. As of now, 42 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. As of April 2015, there are 44 members. These are asset management companies which are registered with AMFI with assets under management of over  lakh crore. 