Ch.4 · SEBI Mutual Fund Regulations · medium

Which of the following is a 'fundamental attribute' of a mutual fund scheme as per SEBI regulations?

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EXPLANATION

Fundamental attributes of a scheme include the type of scheme (open/close-ended), investment objective, asset allocation pattern, and investment strategy. Any change in fundamental attributes requires SEBI approval and a mandatory 30-day exit window for investors without exit load.

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