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    Question

    SEBI introduced the Mutual Funds Lite (MF Lite)

    framework to offer more flexibility in passive schemes. What is the minimum investment required for investors to participate in MF Lite schemes?
    A ₹5 lakh Correct Answer Incorrect Answer
    B ₹7.5 lakh Correct Answer Incorrect Answer
    C ₹10 lakh Correct Answer Incorrect Answer
    D ₹12.5 lakh Correct Answer Incorrect Answer
    E ₹15 lakh Correct Answer Incorrect Answer

    Solution

    SEBI launched the MF Lite framework for passively managed schemes, allowing greater flexibility and higher risk-taking capabilities for investors with a minimum investment of ₹10 lakh.

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