According to media reports, Association of Mutual Funds of India (AMFI) will consider a report submitted by an advisory audit and business consultancy firm on risk management for discussion in its next board meeting to be held on Nov 17. In the report, the firm has given various options suggesting restrictions to be made by the fund houses on their investments. However, AMFI is at the discretion of choosing such options and a call on the subject is yet to be taken. AMFI, in its forthcoming board meeting will also consider the risk management guidelines which have been already set by RBI for banks in the past.