Question

According to a circular of 2020, by market regulator Sebi, open-ended debt mutual funds are required to hold at least what percentage of their corpus in liquid assets?

A 5% Correct Answer Incorrect Answer
B 10% Correct Answer Incorrect Answer
C 15% Correct Answer Incorrect Answer
D 20% Correct Answer Incorrect Answer
E 25% Correct Answer Incorrect Answer

Solution

Market regulator Sebi has come out with a circular requiring open ended debt mutual funds to hold at least 10% of their corpus in liquid assets. Liquid Assets are defined as cash, treasury bills, government securities and repo on government securities

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