📚 Extracted Documents

This press release announces the partnership between the Association of Mutual Funds in India (AMFI) and the Paralympic Committee of India (PCI) for the Paris 2024 Paralympic Games. As a Silver Partner, AMFI aims to support Indian para-athletes and promote the values of resilience and determination. Prominent figures from both AMFI and PCI express their excitement and pride in supporting these athletes.

This is a press release by AMFI discussing the effects of a global Microsoft Systems outage on the Indian Mutual Fund industry. It highlights that despite some disruptions reported by five Asset Management Companies (AMCs), the overall impact was minimal. The release emphasizes the resilience of the Indian Mutual Funds industry during the incident.

The document is a press release announcing Venkat Nageswar Chalasani as the new Chief Executive of the Association of Mutual Funds in India (AMFI), effective following the conclusion of NS Venkatesh’s tenure. It highlights Mr. Chalasani's extensive experience in banking, his previous roles at the State Bank of India, and his anticipated contributions to AMFI and the mutual fund industry. The announcement underscores AMFI's strategic goals and the smooth transition of leadership.

This is a press release from the Association of Mutual Funds in India (AMFI), announcing the election of Navneet Munot as Chairman and Anthony Heredia as Vice Chairman, effectuated post the 28th AGM in September 2023. Mr. Munot is the MD and CEO of HDFC Asset Management and brings over three decades of experience, while Mr. Heredia is the MD and CEO of Mahindra Manulife Mutual Fund with over 26 years in the industry. The new appointments will be effective from October 16, 2023.

This is a press release from the Association of Mutual Funds in India (AMFI), clarifying the current status of investments in overseas securities by mutual funds. It addresses queries regarding the overseas investment limit as of February 1, 2022, and provides guidance to mutual funds and asset management companies (AMCs) about the resumption of investments within specified limits. The release details compliance requirements with SEBI's directives and the use of available headroom in investment limits due to recent redemptions.

This document is a press release from the Association of Mutual Funds in India (AMFI) announcing a 50% reduction in ARN and EUIN registration and renewal fees for various types of mutual fund distributors. The reductions aim to encourage more individuals, especially younger generations, to consider careers in mutual fund distribution and to increase participation from small savers in the mutual fund industry. Comments from AMFI officials highlight the initiative's potential to enhance mutual fund industry penetration and expand financial savings channels.