4 Questions
According to the amended Regulation, when must AMCs appoint a separate fund manager for each separate fund managed by it?
Only if the investment objectives and asset allocations are the same
What percentage of portfolio value must be replicated for the purpose of compliance with the amended Regulation?
At least 70%
What is one of the requirements for compliance with the amended Regulation?
Having a written policy for trade allocation
What must the fund manager not do in relation to the schemes managed by him?
Take directionally opposite positions
Test your knowledge on the requirements of appointing separate fund managers for different funds in accordance with the amended Regulation 24. Determine when the replication of a minimum 70% portfolio value is considered adequate.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
