AMFI Guidelines for Mutual Fund Distributors
The AMFI Guidelines for Mutual Fund Distributors provide a comprehensive framework to ensure ethical practices and professionalism in the mutual fund industry. These guidelines, issued by the Association of Mutual Funds in India (AMFI), cover key aspects such as distributor registration, commission structures, transparency in transactions, and investor protection. Mutual fund distributors must comply with these guidelines to maintain trust and integrity in their dealings with clients. They emphasize fair practices, avoiding mis-selling, and ensuring that clients are well-informed about investment risks. By following AMFI’s rules, distributors help promote a healthy and transparent mutual fund industry, ultimately benefiting investors and contributing to the sector's growth.