Question 3 of 10
Investment of funds pooled from unit holders is the responsibility of:
A
Asset Management Company
B
Trustees
C
Custodian
D
RTA
Correct Option:
A
Explanation
The Asset Management Company (AMC) is responsible for investing the funds pooled from unit holders. It manages the portfolio in accordance with the scheme's investment objectives, while the trustees oversee its activities to protect investors' interests.
