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    Question

    Which regulatory body introduced the asset class under

    which Mutual Funds Lite (MF Lite) schemes would fall, offering greater flexibility to investors in 2024?
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C IRDAI Correct Answer Incorrect Answer
    D Ministry of Finance Correct Answer Incorrect Answer
    E NPCI Correct Answer Incorrect Answer

    Solution

    SEBI introduced the Mutual Funds Lite (MF Lite) framework, offering passively managed schemes for investors with greater flexibility and risk-taking capabilities.

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