Multiple choice

Maximum number of joint holders can be:

  1. 2

  2. 3

  3. 4

  4. unlimited

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Mutual fund regulations in India allow a maximum of three joint holders for a mutual fund folio. This includes the primary holder plus two additional joint holders. This limitation is in place to ensure clarity in ownership and facilitate smooth operations.