Ch.4 · AMFI Code of Conduct · medium
What is the minimum number of trustees required for a mutual fund under SEBI regulations?
0% of students got this wrong
EXPLANATION
SEBI (Mutual Funds) Regulations, 1996 require a minimum of 4 trustees for a mutual fund. At least two-thirds of them must be independent of the sponsor.
Practising Chapter 4 one question at a time?
Try the full chapter — 120 questions, tracked score, weak area breakdown.