Operations of Mutual Fund trust are governed by trust deed
True
False
The sponsor will have to appoint 4 trustees
True
False
Atleast 50% of directors of AMC should be independent
True
False
Trustee shall file half early reports to SEBI
True
False
Appointment of AMC can be terminated by
Majority of trustee & 75% of investors
Majority of Trustee & 75% of distributors
Custodian & 75% of investors
Custodian has custody of asset
True
False
AMC tracks corporate actions like right, bonus and dividend
True
False
RTA maintains Investor records
True
False
Scheme and AMC auditor can be a same person
True
False
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