Ch.4 · AMFI Code of Conduct · hard

As per SEBI (Mutual Funds) Regulations, 1996, an AMC cannot be an associate of which entity?

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EXPLANATION

SEBI regulations require that the AMC and the Custodian must not be associates of each other. This separation ensures independence in the safekeeping of assets and prevents conflict of interest.

A.The Registrar and Transfer Agent

B.The Custodian [✓ Correct]

C.The Stock Exchange

D.The Depository

EXPLANATION

SEBI regulations require that the AMC and the Custodian must not be associates of each other. This separation ensures independence in the safekeeping of assets and prevents conflict of interest.

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