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    Question

    According to AMFI, mutual funds will deposit the

    redemption amount from equity schemes in investors’ bank accounts within ___ days of the transaction.
    A 2 Correct Answer Incorrect Answer
    B 3 Correct Answer Incorrect Answer
    C 4 Correct Answer Incorrect Answer
    D 5 Correct Answer Incorrect Answer
    E 6 Correct Answer Incorrect Answer

    Solution

    According to the information provided by the Association of Mutual Funds in India (AMFI), mutual funds will deposit the redemption amount from equity schemes in investors’ bank accounts within three days of the transaction.

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