Multiple choice

For a no-load fund, the AMC can change an investment management fee not exceeding

  1. 3.50%

  2. 4.00%

  3. 2.25%

  4. 0.50%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

SEBI regulations cap the maximum investment management fee for mutual funds at 2.25% of daily net assets. This is the upper limit that AMCs can charge for managing investor funds.

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