Ch.4 · SEBI Mutual Fund Regulations · medium

Can a unit holder attend the Annual General Meeting of the AMC?

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EXPLANATION

Unit holders are investors in the mutual fund scheme, NOT shareholders of the AMC. The AMC is a separate company owned by its shareholders (typically the sponsor). Unit holders have no rights in the AGM of the AMC.

A.Yes, all unit holders can attend as they are shareholders

B.No, unit holders are not shareholders of the AMC [✓ Correct]

C.Yes, but only if they hold units worth more than ₹1 lakh

D.Yes, but only for equity scheme unit holders

EXPLANATION

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