Functions of Asset Management Company
Functions of Asset Management Company
Functions of Asset Management Company
5. Compensation to affected investor- The AMC and the sponsor of the Mutual
Fund shall be liable to compensate the affected investors for any unfair
treatment to them as a result of inappropriate valuation
8. Treating the customers fairly -The AMCs must work solely keeping in mind
the investors interest. It is a huge responsibility on their shoulders as the
investors put tons of money in their hands expecting a good return on them. So
they are bound to follow the ethical principles and regulations of fair dealing.
regulations, prior in-principle approval from the recognized tock exchange(s) where units are proposed
to be listed