Ch.4 · AMFI Code of Conduct · medium
Under SEBI (Mutual Funds) Regulations, 1996, within how many working days must a mutual fund dispatch redemption proceeds to investors?
0% of students got this wrong
EXPLANATION
SEBI (Mutual Funds) Regulations, 1996 prescribe that redemption proceeds must be dispatched to investors within 10 working days from the date of redemption request. Failure attracts interest penalty payable to the investor.
Practising Chapter 4 one question at a time?
Try the full chapter — 120 questions, tracked score, weak area breakdown.