Question 54 of 90
The AMFI Code of Ethics (ACE) sets out
A
The standards of good practices to be followed by AMCs in their operations and dealings with investors, intermediaries, and the public
B
The standards of good practices to be followed by AMCs in their dealings with the mass media
C
The standards of good practices to be followed by mutual fund distributors in their dealings with AMFI, AMCs, and investors
D
The standards of good practices to be followed by fund managers in their dealings with AMFI and investors
Correct Option:
A
Explanation
The AMFI Code of Ethics (ACE) prescribes the standards of good practices that Asset Management Companies (AMCs) must follow in their operations and in their dealings with investors, intermediaries, and the public.