Asset management companies (AMCs) are firms pooling funds from various individual and institutional investors and investing in various securities. The company invests the funds in capital assets such as stocks, real estate, bonds, and so on. The asset management companies have professionals called fund managers who manage the investment and the research team selects the right securities. An AMC works under the supervision of the board of trustees. But, they are answerable to India’s capital market regulator, the Securities and Exchange Board of India (SEBI). The Association of Mutual Funds in India (AMFI) is another statutory body that addresses investors’ grievances and looks after their interests. Every mutual fund house must comply with the set of risk management guidelines by SEBI and AMFI.
The fourth Buddhist council was held at
On which date International Day of Neutrality is celebrated annually?
India has won how many medals in the World Archery Championship 2021 which was held in Yankton, USA?
Kanyakumari is situated in which state/UT?
On which date is ‘Pravasi Bharatiya Divas’ (Non-Resident Indian Day) observed in India?
Karnataka government launched the ‘Mathru Purna’ scheme for ___________?
The total geographical area of Uttar Pradesh is about .... ..... of the area of India.
Which of the following is the water divide between the Indus river and the Ganga river?
Identify the correct statement about marginal standing facility.
Which is the second state in the Northeast India to be declared as Open Defecation Free state?