AMFI spent nearly 90% of investor awareness fund on digital media campaign

The Association of Mutual Funds of India (AMFI), the manufacture lobby radical for plus absorption companies, spent astir 89% of the capitalist consciousness and acquisition money expenses connected media campaigns done integer platforms and an advertizing agency, according to the organisation’s filings with the Ministry of Corporate Affairs (MCA).

AMFI is registered arsenic a Section 8 institution oregon a non-profit organisation with the MCA, and it is mandated that it record its yearly returns.