NISM 5B Mutual Fund Foundation Certification Exam Notes
Page 25 Of 121
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Scheme Flexibility: Investors can choose schemes aligning with their risk appetite and goals.
Mutual Fund Trust: Mutual funds in India are constituted as trusts, with investors as beneficiaries.
Trustees’ Role: Trustees ensure regulatory compliance and protect unitholder interests.
Asset Management Company (AMC): AMCs handle day-to-day management of mutual fund schemes.
Board of Trustees: Comprises individuals or a trustee company overseeing fund operations.
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