In the sectoral and thematic funds category, an AMC can launch:
A
As many schemes as they want, without any limit
B
Up to a maximum of 100 such funds per AMC
C
As many schemes as they want, subject to the condition that the overlap between two funds is less than 50%
D
Up to a maximum of 50 such funds per AMC
Correct Option:
C
Explanation
An AMC may launch multiple sectoral and thematic schemes, provided the portfolio overlap between any two such schemes does not exceed 50%, in line with SEBI's scheme categorization norms.
