Ch.4 · AMFI Code of Conduct · hard
What is the minimum investment amount above which a mutual fund must report a cash transaction to FIU-IND?
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EXPLANATION
Under PMLA, mutual funds must report Cash Transaction Reports (CTRs) to FIU-IND (Financial Intelligence Unit – India) for all cash transactions of ₹10 lakh and above in a single day, or a series of transactions that appear to be structured to evade this limit.
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