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translateGLOSSARY · MUTUAL FUNDS

What is AMFI?

Association of Mutual Funds in India — the industry body of SEBI-registered mutual fund companies that promotes ethical, professional standards among mutual fund distributors and educates investors.

PrepClever Glossary · Mutual Funds

updateUpdated July 2026

AMFI (Association of Mutual Funds in India) was incorporated in August 1995 as a non-profit organisation. All mutual fund houses (AMCs) registered with SEBI are members of AMFI.

Key Roles

Registers mutual fund distributors and assigns ARN (AMFI Registration Number)
Certifies distributors via NISM Series V-A examination requirement
Publishes daily NAV data for all MF schemes
Runs investor awareness programs (e.g., "Mutual Funds Sahi Hai" campaign)
Issues guidelines on distributor commissions and transparency

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Relevant NISM series

Series V-A

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Glossary

FAQs about AMFI

What is an ARN number?add

ARN (AMFI Registration Number) is the unique registration number issued by AMFI to mutual fund distributors after they pass NISM Series V-A. An ARN is mandatory to receive commissions for selling mutual funds.

Where to go from here

AMFI is one term in a much larger syllabus. These are the fastest routes into the rest of it.

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What is AMFI?

Key Roles

Related Terms

ARN

NAV

SEBI

Mutual Fund Distributor

NISM Series V-A

FAQs about AMFI

Where to go from here

Master every term that matters

What is AMFI?

Key Roles

Related Terms

ARN

NAV

SEBI

Mutual Fund Distributor

NISM Series V-A

FAQs about AMFI

Where to go from here

Master every term that matters