Multiple choice

The NAV of each scheme should be updated on AMFI's website

  1. Every month

  2. Every hour

  3. Every day

  4. Every quarter

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

SEBI regulations mandate that mutual funds disclose their NAV daily on AMFI's website. This ensures transparency and helps investors make informed decisions. Monthly, hourly, or quarterly updates would not provide adequate transparency for mutual fund investments.