Ch.4 · AMFI Code of Conduct · hard
Which of the following activities requires prior SEBI approval under SEBI (Mutual Funds) Regulations, 1996?
0% of students got this wrong
EXPLANATION
A change in the fundamental attributes of a scheme — including investment objective — requires SEBI approval and a mandatory exit option for existing unit holders without exit load. Changes in fund manager or exit load do not require prior SEBI approval.
Practising Chapter 4 one question at a time?
Try the full chapter — 120 questions, tracked score, weak area breakdown.