Ch.4 · AMFI Code of Conduct · hard
Which of the following costs CANNOT be charged to a mutual fund scheme under SEBI regulations?
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EXPLANATION
SEBI regulations explicitly prohibit AMCs from charging penalties, fines, or litigation costs arising from regulatory violations to the scheme. These must be borne by the AMC from its own profits. Allowable scheme expenses include management fees, custodian fees, RTA fees, and audit fees within TER limits.
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