Ch.5 · SID, SAI and KIM Documents · medium
What is the SEBI categorisation circular of 2017 and its impact on fund offerings?
0% of students got this wrong
EXPLANATION
SEBI's October 2017 categorisation circular defined 36 scheme categories (10 equity, 16 debt, 6 hybrid, 2 solution-oriented, 2 others) with precise definitions for each. Each AMC can have only one scheme per category (with exceptions for index funds, ETFs, FoFs). This rationalised the proliferation of similar schemes and made comparison easier.
Practising Chapter 5 one question at a time?
Try the full chapter — 100 questions, tracked score, weak area breakdown.