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Options
- A
Mutual funds which are bank sponsored are regulated by RBI and not SEBI
- B
SEBI and AMFI both regulate mutual funds in India
- C
Stock Exchanges regulate mutual funds in India
-
SEBI regulates mutual funds in India
Correct answer
Why this is the answer
SEBI (Securities and Exchange Board of India) is the sole regulatory body for mutual funds in India, ensuring their transparency and investor protection. AMFI is a self-regulatory body for mutual fund distributors, but it does not directly regulate mutual funds. The RBI does not regulate mutual funds, but only regulates bank-sponsored mutual funds.
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