Ch.6 · ARN and EUIN Rules · easy
What is investor education and awareness in the context of the mutual fund industry?
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EXPLANATION
Investor education and awareness encompasses all initiatives by SEBI, AMFI, and AMCs to educate the public about mutual funds — how they work, the risks involved, how to match products to goals, and how to avoid mis-selling. SEBI mandates AMCs to spend a portion of TER on investor education activities.
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