Question 9 of 10
Who manages the investments of a mutual fund scheme?
A
Trustees
B
Custodian
C
Asset Management Company (AMC)
D
Registrar and Transfer Agent (RTA)
Correct Option:
C
Explanation
The Asset Management Company (AMC) manages the investments of a mutual fund scheme. It makes investment decisions, manages the portfolio, and operates the scheme in accordance with its investment objectives and regulatory requirements.
