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AMFI Mock Test - 8
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In the offer document, funds are required to make disclosures regarding the financial results of the sponsor for the
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A
last three financial years
💡 Explanation:
SEBI regulations require mutual funds to disclose the sponsor's financial results for the last three financial years in the offer document. This provides investors with a meaningful track record of the sponsor's financial stability and performance. One or two years would be insufficient to establish a reliable pattern.