NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 77 Of 93
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Fund Transparency: Regular updates on NAV, portfolio, and expenses.
Market Linkage: Mutual funds link retail investors to securities markets.
Cost Efficiency: Passive funds offer lower costs than active funds.
Investment Flexibility: Funds cater to diverse goals and risk profiles.
Regulatory Updates: SEBI’s amendments enhance mutual fund governance.
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