Question 24 of 90
Every mutual fund trust has to be registered with SEBI. Who seeks this registration with SEBI?
A
Sponsor
B
Trustee
C
AMC
D
Custodian
Correct Option:
A
Explanation
Under the SEBI (Mutual Funds) Regulations, 1996, the Sponsor applies to SEBI for the registration of the mutual fund. The trustees oversee the trust, the AMC manages the investments, and the custodian safeguards the scheme's assets.
