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    Question

    As per SEBI’s regulation, Mutual Funds are allowed to

    accept investment in cash upto INR 50,000 per financial year per Mutual Fund.
    A 20000 Correct Answer Incorrect Answer
    B 35000 Correct Answer Incorrect Answer
    C 50000 Correct Answer Incorrect Answer
    D 56000 Correct Answer Incorrect Answer
    E 100000 Correct Answer Incorrect Answer

    Solution

    MFs are allowed to accept investment in cash upto INR 50,000 per financial year per MF. However, such investment can be redeemed only through the bank account of the investors.

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