NISM 5B Mutual Fund Foundation Certification Exam Notes
Page 19 Of 121
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Investment Flexibility: Mutual funds allow tailoring investments to investor preferences.
No Guaranteed Returns: Except for assured return schemes, returns are not guaranteed.
Trustee Role: Trustees ensure compliance with regulations and protect investor interests.
AMC Role: Asset Management Companies manage day-to-day scheme operations.
Liquidity Provision: Market makers in ETFs provide liquidity by quoting bid and ask prices.
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