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The sponsor contributes to the capital of the AMC.
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The trustees can be organized either as a trustee company or a Board of trustees
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The funds of the investor are held in the AMCs account to enable them to invest and manage it.
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An AMC can manage the funds of more than one mutual fund.
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The sponsor of a fund can act as its custodian if it has the required experience and SEBI registration.
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The units of an open‐ended fund are available for purchase continuously at NAV based prices.
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Investors buy closed‐end funds during NFO.
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A mutual fund product is created by AMC.
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Information in the Statement of Additional Information is common to all schemes of a mutual fund.
Question 10 reset
A Scheme information Document is revised Immediately for changes in material information.

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