Ch.3 · Sponsor, Trustee and AMC Roles · medium
What is 'winding up' of a mutual fund scheme and under what conditions can it occur?
0% of students got this wrong
EXPLANATION
Winding up involves terminating a scheme, liquidating all portfolio assets, settling liabilities, and distributing net proceeds proportionally to unit holders. It can be triggered by: trustees deciding it is in unit holders' best interest, 75% of unit holders by value voting for it, or SEBI directing it for regulatory reasons.
Practising Chapter 3 one question at a time?
Try the full chapter — 80 questions, tracked score, weak area breakdown.