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Ch.4 · SEBI Mutual Fund Regulations · medium

Which body adjudicates investor complaints against mutual fund distributors?

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EXPLANATION

Both AMFI and SEBI have roles in investor grievance redressal. AMFI has a complaint redressal mechanism for distributor conduct. SEBI handles complaints through SCORES (SEBI Complaints Redress System). Investors may also approach consumer forums.

A.AMFI

B.SEBI

C.Consumer Courts

D.Both AMFI and SEBI have a role [✓ Correct]

EXPLANATION

Both AMFI and SEBI have roles in investor grievance redressal. AMFI has a complaint redressal mechanism for distributor conduct. SEBI handles complaints through SCORES (SEBI Complaints Redress System). Investors may also approach consumer forums.

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