Ch.3 · Custodian and RTA Functions · easy
What is the role of the Custodian in a mutual fund?
0% of students got this wrong
EXPLANATION
The Custodian holds the scheme's portfolio securities in safe custody (typically in demat form) and facilitates settlement of trades executed by the fund manager. The Custodian must be SEBI-registered and cannot be an associate of the AMC, ensuring independent safekeeping of assets.
Practising Chapter 3 one question at a time?
Try the full chapter — 80 questions, tracked score, weak area breakdown.