ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Zerodha Asset Management Company (AMC) has received

    final approval from the market regulator SEBI┬а to commence a mutual fund (MF) business.The new entrant to the Rs 46-trillion MF industry will only offer passive funds. Which mutual fund is the only passive-focused AMC at present?
    A Navi Mutual Fund Correct Answer Incorrect Answer
    B Bandhan Mutual Fund Correct Answer Incorrect Answer
    C Bank of India Mutual Fund Correct Answer Incorrect Answer
    D Tata Mutual Fund Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Helios Capital has received capital markets regulator SEBIтАЩs approval to launch a mutual fund business.┬а┬а┬а Helios Capital Management PTE Ltd, which is the business of portfolio management services, applied for a mutual fund license with the Securities and Exchange Board of India (SEBI) in February 2021.

    Practice Next
    More Beepedia Questions
    ask-question