The sponsor contributes to the capital of the AMC.

The trustees can be organized either as a trustee company or a Board of trustees

The funds of the investor are held in the AMCs account to enable them to invest and manage it.

An AMC can manage the funds of more than one mutual fund.

The sponsor of a fund can act as its custodian if it has the required experience and SEBI registration.

The units of an open‐ended fund are available for purchase continuously at NAV based prices.

Investors buy closed‐end funds during NFO.

A mutual fund product is created by AMC.

Information in the Statement of Additional Information is common to all schemes of a mutual fund.

A Scheme information Document is revised Immediately for changes in material information.