Multiple choice

From whom can a unit-holder seek redressal, if his complaint is not entertained by the mutual fund?

  1. AMC

  2. Board of Trustees

  3. SEBI

  4. RBI

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

SEBI (Securities and Exchange Board of India) is the regulatory authority for mutual funds in India and serves as the appellate body for investor grievances. Options A (AMC) and B (Board of Trustees) are internal to the mutual fund structure. Option D (RBI) regulates banks, not mutual funds.