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?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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Munch
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FERTILE