Question 57 of 90
The minimum duration of an interval period in an interval scheme or plan is
A
15 days
B
20 days
C
30 days
D
10 days
Correct Option:
A
Explanation
An interval fund remains open for subscriptions and redemptions only during specified intervals. SEBI requires each interval period to remain open for at least 15 days, giving investors sufficient opportunity to transact.
