Ch.4 · SEBI Mutual Fund Regulations · medium
What was SEBI's key change regarding the terminology 'dividend' for mutual funds in 2021?
0% of students got this wrong
EXPLANATION
In April 2021, SEBI mandated that the 'Dividend' option in mutual funds be renamed to 'Income Distribution cum Capital Withdrawal (IDCW)'. This change was made to clarify to investors that the payout often includes return of capital (from NAV) and not just income/profits.
Practising Chapter 4 one question at a time?
Try the full chapter — 120 questions, tracked score, weak area breakdown.