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?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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Pipe ‘A’ can fill a tank in 20 hours while pipe ‘B’ takes 25 hours to empty it. Pipe ‘A’ is opened alone when the tank was empty and after 1...
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