AMCs net worth has to be at least __________

Related MCQs

• Sponsor must hold at least _______% of the AMCs networth.
• If a single unit holder holds more than _________ of net assets , the number of Such unit holders and their percentage holding in the net assets have to be disclosed.
• A scheme has average weekly net assets of Rs. 324 Cr and has annual expenses of Rs 3.24Cr, it's expenses ratio is
• In calculation the net assets value (NAV) which of the following is true?
• Illiquid securities should not exceed _________% of the net assets.
• At least _____ % of the AMC directors Should be independent .
• Equity funds are exempt from long term capital gain tax when investments are held for at least ………… months from the date of acquisition.
• Open-ended funds have to update offer document at least once in………… years
• A mutual fund has a beginning balance of 100 million earns interest of 10 million, receives dividends of 15 million, and has expenses of 5 million. If 10 million shares are outstanding, what is the NAV?
• If a scheme has 45Cr units issued and has an FV of Rs. 10 and NAV is at 11.33, unit capital(Rs.Cr) would be equal to