Nilesh Shah has been re-elected as the Chairman of Association of Mutual Funds in India (AMFI). He was earlier elected as the Chairman for 2019 – 2020. Nilesh Shah would also continue as the ex-officio Chairman of AMFI Financial Literacy Committee, being the Chairman of AMFI. These decisions were taken by AMFI, the industry body of SEBI-registered mutual funds at its Board Meeting.
Other Appointments
About the Association of Mutual Funds in India
AMFI was incorporated on August 22, 1995, as a non-profit organisation. As of now, all the 44 asset management companies that are registered with SEBI. AMFI is dedicated to developing the Indian Mutual Fund Industry on professional, healthy and ethical lines and to enhance and maintain standards in all areas with a view to protecting and promoting the interests of mutual funds and their unitholders.
Important takeaways for all competitive exams:
The Indian Railways has announced that the Jammu-Shri Mata Vaishno Devi Katra rail section will…
India has surpassed the United States to become Bangladesh's second-largest trading partner as per the…
India's ambitious restoration mission Project Cheetah is showing the strong momentum as the India's cheetah…
The Bharat Forge has signed the MoU with the State Government of Andhra Pradesh to…
India has notified the new technical standards for petrol blended with up to 30% ethanol.…
The Indian Government has launched the Ayush Anudan Portal, which is a major digital initiative…