What is the primary function of a fund manager?
"Researching stocks and building investment theses"
"Managing client relationships and providing financial advice"
"Executing trades on behalf of clients"
"Developing marketing strategies for financial products"
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What type of license is required by SEBI for individuals to manage investment portfolios?
"Mutual Fund License"
"Investment Advisor License"
"Portfolio Management Service (PMS) License"
"Securities Trading License"
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Which entity is responsible for holding the shares and assets of a mutual fund?
"Fund Sponsor"
"Trustee"
"AMC"
"Custodian"
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What is the role of the Registrar and Transfer Agent (RTA) in a mutual fund structure?
"Managing the fund's investments"
"Providing customer service to unit holders"
"Ensuring compliance with SEBI regulations"
"Auditing the fund's financial statements"
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What is the core function of an Asset Management Company (AMC)?
"Setting investment objectives"
"Floating and managing mutual fund schemes"
"Appointing custodians and RTAs"
"Regulating the activities of fund managers"
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