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Options
-
The mutual fund investor has the complete freedom to change the distributor any time he wants
Correct answer
- B
Once an investor had invested through a distributor, he cannot change the distributor
- C
Once an investor had invested by online method, he cannot change the distributor
- D
Once an investor had invested through a distributor, he cannot invest directly with the mutual fund house
Why this is the answer
Investors are free to change their distributor or choose direct investing, but they need to submit a written request to the mutual fund house. The AMC must comply without requiring a No Objection Certificate from the existing distributor.
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