If a fund manager manages more than six funds, then in all performance-related advertisements,
A
the total number of schemes managed by the fund manager must be disclosed
B
performance data need not be given
C
performance data of the top two and bottom two schemes must be disclosed
D
performance data of the top three and bottom three schemes must be disclosed
Correct Option:
D
Explanation
As per SEBI and AMFI advertisement guidelines, if a fund manager manages more than six schemes, performance-related advertisements must disclose the performance of the top three and bottom three schemes managed by that fund manager.
