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Samples in periodicals archive:
The Association of Mutual Funds in India (Amfi), a self-regulatory body of the mutual fund industry, has started discussion with fund houses to end upfront commission and pay remuneration to distributors on a trail basis.
Meanwhile, highlighting the need of the government to examine the role of the Association of Mutual Funds in India (AMFI) and SEBI, Bhave proposed that AMFI must explore a self-regulatory role for the mutual fund industry by giving a policy paper on mutual funds to the SEBI and the government.
This should be published separately by each fund house on its website and sent to the Association of Mutual Funds in India so that it can publish a consolidated report on a monthly basis within seven working days from the starting of the month.