When investing in mutual funds, it’s crucial to ensure that the Asset Management Company (AMC) handling your money is legitimate and trustworthy. With so many frauds out there, especially in India, here’s how you can verify an AMC’s credentials:
Check SEBI and AMFI Registration: In India, all legitimate AMCs must be registered with the Securities and Exchange Board of India (SEBI) and AMFI. You can visit the official website to check if the AMC is listed.
Here's a checklist you can use to verify if an AMC is registered by SEBI in India:
Visit SEBI’s Website - You can visit the SEBI website and search for the AMC to verify its credentials and ensure it is registered and compliant with regulatory standards.
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