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Mutual Fund Structure & Schemes question bank (Mutual Funds & Wealth Advisory (NISM))

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Q1.
In the regulatory structure of a Mutual Fund in India mandated by SEBI, who holds the custody of securities and assets of the mutual fund scheme in fiduciary trust for the unitholders?

(A)
Custodian
(B)
Asset Management Company (AMC)
(C)
Registrar and Transfer Agent (RTA)
(D)
Sponsor
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