Multiple choice

A mutual fund is owned by

  1. SEBI

  2. All its investors

  3. AMFI

  4. The Govt. of India

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

Mutual funds are collective investment vehicles owned collectively by all investors in proportion to their unit holdings. SEBI regulates the industry, AMFI represents it, and the government does not own mutual funds.